Annual report 2010 - plazacenters

Financial statements
Notes to the consolidated financial statements
continued
Note 30 – Administrative expenses
For the year ended For the year ended
December 31, December 31,
2010 2009
€’000 €’000
Selling and marketing expenses
Advertising and marketing 1,665 1,616
Salaries and relating expenses 941 758
Others 36 27
2,642 2,401
General and administrative expenses
Salaries and related expenses 1 7,661 7,543
Depreciation and amortization 1,086 1,007
Management fees – –
Professional services 3,721 4,478
Travelling and accommodation 968 1,233
Offices and office rent 1,077 1,461
Others 768 931
15,281 16,653
Total 17,923 19,054
General and administrative
1 Including non-cash expenses due to the share option plan in the amount of EUR 2.5 million (2009: EUR 2.8 million) refer to note 27 for more details on share-based payments.
Note 31 – Other income and other expenses
For the year ended For the year ended
December 31, December 31,
2010 2009
€’000 €’000
a. Other income
Gain from selling property and equipment – 167
Gain from bargain purchase* 42,039 –
Non-claimed payable 360 –
Other income 204 113
Total other income 42,603 280
b. Other expenses
Loss from selling property and equipment (212) (26)
Impairment of property and equipment –
Other expenses (48) (13)
Total other expenses (260) (39)
Total 42,343 241
* Gain from bargain purchase – refer to note 37.
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Plaza Centers N.V. Annual report 2010