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INDEX INDEXNotesNotesDKK '000 2011 20103. RevenueDividend received 0 35,000Management fee 6,158 5,525Total revenue 6,158 40,5254. CostsFees for auditors appointed by the general meetingTotal fees for Beierholm 306 417Total fees for auditors appointed by the general meeting 306 417The fees comprise:Audit 205 250Tax and VAT consultancy services 17 50Services other than audits 84 117Total 306 417Staff costsWages and salaries 7,298 11,716Wages and salaries in respect of special items 0 -4,646Defined contribution plans 253 406Other social security expenses 11 52Total staff costs 7,562 7,528Average number of employees 5 6Remuneration of the Board of Directors and Executive BoardBoard of Directors of the parent 1,350 1,519Executive Board of the parent 3,119 7,195Total remuneration of the Board of Directors and the Executive Board 4,469 8,714A description of the remuneration of the Board of Directors and the Executive Board is given in note 5in the consolidated financial statements.5. Special itemsGains on the divestment of subsidiary and sale of equity investments 0 -19,011Cancellation of debt of group enterprise -2,788 0Loss on sale of receivable 0 2,600Impairment of subsidiary 0 4,429Impairment of associates 0 33,100Total special items -2,788 21,118DKK '000 2011 20106. Financial incomeInterest income from group enterprises 59 146Other interest income 0 68Foreign exchange gains 3 0Total financial income 62 214Interest on financial assets measured at amortised cost amounts to 59 1467. Financial expensesInterest expenses to group enterprises 310 688Other interest expenses 2,803 7,325Market value adjustments and losses on securities 32 1,763Total financial expenses 3,145 9,776Interest on financial liabilities measured at amortised cost amounts to 3,113 8,0138. TaxCurrent tax for the year comprises:Current tax for the year 0 0Adjustment of deferred tax 0 -1,883Adjustment of tax, previous years 0 -78Other taxes -175 0Total -175 -1,961Tax on profit/loss for the year comprises:Profit/loss before tax -14,851 -4,776Tax rate 25% 25%Calculated tax on profit/loss before tax -3,713 -1,194Tax on non-taxable income 0 -8,750Tax on accounting value adjustment and loss on divestment of activity 0 5,280Tax losses which are not recognised 3,713 4,665Changed assessment of tax assets 0 -1,884Adjustment of tax, previous years 0 -78Other taxes -175 0Total -175 -1,961Effective tax rate 1% 41%DKK '000 31.12.11 31.12.109. intangible assetsPatents and licencesCost as at 1 January 282 282Additions 1,000 0Cost as at 31 December 1,282 282Amortisation and impairment losses as at 1 January 282 282Amortisation and impairment losses 1,000 0Amortisation and impairment losses as at 31 December 1,282 282Carrying amount as at 31 December 0 086 Dantherm Annual Report 2011 Annual Report 2011 Dantherm 87