annual financial statement 2011 - conwert Immobilien Invest SE

INTRO | MANAGEMENT REPORT |
| FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS
Notes
7.3. OTHER PROPERTY EXPENSES
These expenses comprise the following items:
in € million 2011 2010
Operating costs charged to tenants 50.3 45.8
Vacancy costs 9.8 9.3
Maintenance 19.2 17.2
Thereof covered by insurance 0.5 1.1
Facility management 0.4 0.3
Miscellaneous 11.2 12.3
Total 90.9 84.9
7.4. PERSONNEL EXPENSES
The components of personnel expenses are shown in the following table:
in € million 2011 2010
Salaries and wages 29.6 32.0
Thereof bonuses 3.1 3.4
Thereof severance compensation 0.5 0.7
Expenses for legally required duties and contributions 5.6 5.8
Miscellaneous 0.1 0.4
Total 35.3 38.2
Personnel expenses include contributions of € 0.2 million (2010: € 0.2 million) to employee pension
funds in Austria.
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