Every day counts - Deutsche Beteiligungs AG

82
Other operating income 9
Personnel costs 10
Other operating expenses 11
Net interest 12
Taxes 13
Other operating income includes income from fees for services rendered to Deutsche
Beteiligungsgesellschaft mbH & Co. Fonds I KG and Deutsche Beteiligungsgesellschaft
Fond III GmbH as well as consultancy fees.
In 2002/2003, income from management activity in conjunction with the new DBAG
Fund IV co-investment fund was recorded for the first time. For a better overview, this
income was recognized in “Other operating income.”
This position also includes write-ups on the book value of investments and loans to
companies in which shares are held totaling T€ 6,101 and income of a non-periodic
nature amounting to T€ 188 (previous year: T€ 302).
in T€ 2002/2003 2001/2002
Wages and salaries 5,841 5,922
Social security costs, pensions and support 1,711 1,649
(thereof, for pensions) (1,167) (1,163)
Other operating expenses include consultancy and audit costs as well as costs for the
annual financial statements and the Annual Meeting. This item also contains nondeductible
taxes, expenses resulting from litigation and other expenses from current
operations. In the 2002/2003 financial year, "Other operating expenses" also include
costs for the placement of the new DBAG Fund IV.
Net income taxes largely result from positive taxable income.
G. Other information
7,552 7,571
in T€ 2002/2003 2001/2002
Other interest and similar income 366 407
Interest and similar expenses –3,630 –5,899
–3,264 –5,492
in T€ 2002/2003 2001/2002
Income taxes 1,286 –88
Other taxes 4 23
1,290 –65
At October 31, 2003, other financial commitments amounted to T€ 71,629 for payments
which may be called for by international investment funds, depending on the
progress of the investing activity. The remaining other financial commitments totaled
T€ 6,705 and represent long-term contractual obligations.