The Office Fund is a public limited liability company incorporated under the laws of the Netherlands, with its corporate seat in Amsterdam, the Netherlands.

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied unless otherwise stated.

3.1 Financial risk factors The risk management function within the Fund is carried out with respect to financial risks.

Estimates and judgements are continually evaluated and are based on historical experience and adjusted for current market conditions and other factors.

A spread by core regions is applied in the analysis of the valuation of the investment property portfolio. Amsterdam, Rotterdam, The Hague and Utrecht are considered prime office regions in 2014.

 20142013 Theoretical rent44,67543,794 Incentives(2,283)(1,865) Vacancies(4,472)(4,145) Total gross rental income37,92037,784 Download XLS The future contractual rent from leases in existence on 31 December 2014, until

 20142013 Taxes1,173775 Insurance152158 Maintenance3,1183,242 Valuation fees67116 Property management fees1,017947 Letting and lease renewal fees1,151634 Other operating expenses2,4211,541 Addition to provision

 20142013 Management fee Bouwinvest2,3172,430 Audit fees2316 Other administrative expenses 12174 Legal fees336 Other Fund expenses32161 Total administrative expenses2,5262,687 Download XLS Where administrative

 20142013 Interest income215 Total finance income215 Download XLS

The Fund is structured as a fiscal investment institution (fiscale beleggingsinstelling, or ‘FII’) within the meaning of Article 28 of the Dutch Corporate Income Tax Act 1969 (Wet op de vennootschapsbelasting 1969).