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30. Service fees paid to external auditors
The management expenses include the following amounts charged by Deloitte for audit services €475,000 (2019: €494,000), for audit related services €83,000 (2019: €93,000) and for other services €147,000 (2019: 70,000).
31. Contingencies and commitments
The total liabilities for obligations entered into for construction contracts, rental and lease instalments stood at €220 million at end-2020 (2019: €164 million). Rental and lease instalment liabilities are accounted for under Lease liabilities.
32. New and amended standards and interpretations
In the current year, Vesteda has applied a number of amendments to IFRS Standards and Interpretations issued by the International Accounting Standards Board (IASB) – and endorsed by the European Union – that are effective for an annual period that
33. Events after balance sheet date
There were no significant events after the reporting date.
Company financial statements
These company financial statements are part of the (complete) 2020 financial statements of Vesteda Residential Fund FGR (Vesteda) and therefore, they should be read in conjunction with the consolidated financial statements of Vesteda, and the 2020