Annual Report 2010 - Hannover Re

7.9 Rents and leasing
Leased property
Future leasing commitments in EUR thousand
Payments
2011 8,391
2012 7,225
2013 6,150
2014 4,766
2015 3,967
Subsequent years 5,762
Operating leasing contracts produced expenditures of EUR 8.2
million (EUR 5.4 million) in the year under review.
Rented property
Altogether, non-cancellable contracts will produce the rental
income shown below in subsequent years:
Rental income in EUR thousand
Payments to be
received
2011 26,518
2012 23,059
2013 23,814
2014 23,012
2015 21,046
Subsequent years 45,801
Rental income totalled EUR 29.3 million (EUR 16.3 million) in
the year under review. The rental income resulted principally
from the renting out of properties by Hannover Re Real Estate
Holdings.
7.10 Fee paid to the auditor
Total fees of EUR 9.5 million (EUR 8.9 million) were incurred
for accountants’ services throughout the Hannover Re Group
worldwide in the year under review. They were principally
comprised of auditing and tax consultancy fees.
Of this total amount, EUR 3.4 million (EUR 2.5 million) was
attributable to the fee paid to the appointed auditor of the
consolidated financial statement as defined by §318 German
Commercial Code (HGB). The amount includes a fee of EUR
2.8 million (EUR 2.3 million) for the auditing of the financial
statement and EUR 0.1 million (EUR 0.1 million) for tax
consultancy services. Expenditure of EUR 0.5 million (EUR
0.1 million) was incurred for consultancy and other services
performed for the parent or subsidiary companies in the year
under review.
184 Notes 7.10 Fee paid to the auditor
Hannover Re Group annual report 2010