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Report of the Supervisory Board - tuv nord italia

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(18) O<strong>the</strong>r operating<br />

expenses<br />

The o<strong>the</strong>r operating expenses amounting to<br />

€128,106k primarily relate to miscellaneous<br />

services, travelling expenses, rental and<br />

leasing charges, and allocations to<br />

(19) Financial items<br />

42<br />

provisions. The item also includes sundry<br />

taxes amounting to €901k and losses<br />

on <strong>the</strong> disposal <strong>of</strong> non-current assets<br />

amounting to €168k.<br />

2004<br />

Income from trade investments<br />

€ ’000<br />

86<br />

<strong>of</strong> which from affiliated companies<br />

Income from o<strong>the</strong>r securities and loans<br />

(26)<br />

held as financial non-current assets 405<br />

<strong>of</strong> which from affiliated companies (0)<br />

O<strong>the</strong>r interest and similar income 2,390<br />

<strong>of</strong> which from affiliated companies (29)<br />

Amortisation <strong>of</strong> financial assets –675<br />

Interest and similar expenses –997<br />

<strong>of</strong> which to affiliated companies (–3)<br />

Expenses arising from loss transfer –15<br />

1,194<br />

(20) Taxes on income<br />

2004<br />

€ ’000<br />

Taxes on income 13,588<br />

<strong>of</strong> which deferred taxes (106)<br />

(21) Employees<br />

The average number <strong>of</strong> persons employed<br />

by <strong>the</strong> consolidated companies during <strong>the</strong><br />

year was 6,261.<br />

Wage-earning employees<br />

2004<br />

94<br />

Salaried employees 6,167

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