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Annual Report 2012 - Raiffeisen Bank Kosovo JSC

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20. Other income<br />

61<br />

<strong>2012</strong> 2011<br />

Income resulting from prior year booked expenses - 87<br />

Other 82 137<br />

Total other income 82 224<br />

21. Staff costs<br />

<strong>2012</strong> 2011<br />

Salaries and wages 9,767 9,571<br />

Expenses on retirement benefits 318 514<br />

Other voluntary social expenses 516 465<br />

Employee services prepayment 84 35<br />

Total staff cost 10,685 10,585<br />

The remuneration of directors and key executives is determined by the <strong>Bank</strong> management having regard to the<br />

performance of individuals and market trends. The Managing Board related expense for <strong>2012</strong> amounted to € 509<br />

thousand (2011: € 361 thousand).<br />

22. Other operating expenses<br />

<strong>2012</strong> 2011<br />

Office space expenses (rental, maintenance, other) 3,400 3,340<br />

Depreciation of tangible assets 2,466 2,547<br />

IT cost 2,035 1,965<br />

Advertising, PR and promotional expenses 1,510 1,911<br />

Security expenses 1,087 1,303<br />

Amortization of intangible assets 1,135 856<br />

Other administrative expense 605 687<br />

Communication expenses 581 638<br />

Office supplies 513 539<br />

Legal, advisory and consulting expenses 860 508<br />

Training expenses for staff 347 454<br />

Deposit insurance fees 586 433<br />

Car expenses 437 389<br />

Travelling expenses 139 155<br />

Total other operating expenses 15,701 15,725<br />

Addresses Glossary Financial Statements Segment <strong>Report</strong>s Overview Macroeconomic Environment RBI Vision and Mission Management Board Introduction

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