Before appropriation of result   Issued capitalShare premiumRetained earningsNet result for the yearTotal equity Balance at 1 January 201422541,367(22,482)4,90324,013 Net result for the year- - -

 20142013 Bouwinvest Dutch Institutional Residential Fund N.V.- 687 Bouwinvest Dutch Institutional Retail Fund N.V. - 150 Bouwinvest Dutch Institutional Office Fund N.

 20142013 Payroll taxes894853 Total894853 Download XLS

The movements in the short-term debt with regard to pension premiums were as follows:  20142013 Balance as at 1 January598624 Payment relating to previous years(597)(626)  1(2) Premiums due for the financial

Contingent rights Bouwinvest has management agreements with the funds for an indefinite period with a two-year notice period, as well as a mandate with bpfBOUW regarding the International and Heritage portfolios for an indefinite period with a

Bouwinvest received a management fee of in total € 27.9 million (2013: € 27.3 million), of which € 25.7 million (2013: € 24.3 million) is based on the assets under management and € 2.2 million (2013: 3.0 million) is based on other mandates and

 20142013 Wages and salaries10,75310,553 Social security charges1,2131,116 Pension fund charges1,8001,911 Temporary staff989980 Other personnel costs2,2592,255 Total17,01416,815 Download XLS The pension fund

 20142013 Office expenses2,1312,270 Automation expenses2,7532,963 Communicactions expenses523626 Consultancy costs411334 Research and Investor Relations costs249236 Other

 20142013 Result from group companies(569)576 Result from other participations23876 Result from participations(331)652 Download XLS

 20142013 Other interest income214 Interest income214 Download XLS