Year 2017

4. Personnel expenses

 

 

2017

2016

Wages and salaries

6,305,655.16

9,929,167.40

Pension expenses

-430,679.75

88,870.56

Other social expenses

-63,446.74

353,643.41

Total

5,811,528.67

10,371,681.37

     

Management remuneration

   

President and CEO

782,193.56

668,902.00

Executive Board (excl. CEO)

1,222,772.94

913,524.05

Board of Directors

327,046.77

384,153.23

Supervisory Board

20,900.00

25,193.65

Total

2,352,913.27

1,991,772.93

     

Average number of personnel during the financial period

   

Administrative employees

53

55

Total

53

55

     

5. Depreciation, amortization and impairment losses

 

 

2017

2016

Intangible rights

1,121,246.72

1,082,088.00

Machinery and equipment

1,047.42

3,006.86

Total

1,122,294.14

1,085,094.86

     

6. Other operating expenses

 

 

2017

2016

Rents and leases

476,663.74

575,095.32

Losses on sale of fixed assets

25,321.11

1,992,833.87

Personnel related costs

318,977.60

236,861.53

Travelling expenses

133,279.29

123,351.89

Marketing expenses

797,559.95

740,539.65

Entertainment expenses

64,440.80

25,498.15

Facility maintenance expenses

3,169.64

13,126.37

Office and administrative expenses

5,128,097.88

3,686,552.08

IT operating costs

8,602,127.34

6,951,260.28

Other operating expenses

1,281,143.57

1,213,100.87

Total

16,830,780.92

15,558,220.01

     

7. Auditors' remuneration

 

 

2017

2016

Audit

201,266.29

157,167.31

Tax advisory

9,340.00

13,406.11

Other services

1,009,415.22

269,289.63

Total

1,220,021.51

439,863.05