Annual Report - VÃB banka
Annual Report - VÃB banka
Annual Report - VÃB banka
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
30. Other operating expenses<br />
2007 2006<br />
Contribution to the Deposit Protection Fund (173) (144)<br />
IT systems maintenance (260) (292)<br />
Post and telecom (294) (327)<br />
Property related expenses (355) (349)<br />
Equipment related expenses (208) (185)<br />
Advertising and marketing (319) (296)<br />
Professional services (192) (176)<br />
Security (132) (128)<br />
Stationery (82) (109)<br />
VAT and other taxes (182) (186)<br />
Provision for litigations (note 21) 22 102<br />
Litigations paid (225) (12)<br />
Transport (16) (17)<br />
Training (39) (38)<br />
Travel (28) (28)<br />
Insurance (15) (37)<br />
Other operating expenses (112) (39)<br />
(2,610) (2,261)<br />
31. Impairment losses and provisions<br />
2007 2006<br />
Net reversal of impairment losses (note 10) 403 1,390<br />
Net (creation)/reversal of fi nancial guarantees and commitments (note 22) (40) 410<br />
363 1,800<br />
Non current assets sold (12) (68)<br />
97<br />
Nominal value of loans written-off (524) (1,110)<br />
Nominal value of loans transferred (1,166) (713)<br />
Proceeds from loans written-off 225 245<br />
Proceeds from loans transferred 482 213<br />
(983) (1,365)<br />
(632) 367<br />
VUB, a bank of Intesa Sanpaolo group