28
Explanatory notes to the individual group income statement items
Interest income
Commission
Results on real estate development and sales
Real estate operations
Other income
Interest expense
Salaries, pensions and social insurance charges
(NLG X 1,000)
1987
1986
Incidental income includes commission on lending business
such as arrangement fees and penalties for premature repayment
472,059
524,756
Commission-includes all commission income not included in Interest income
4,616
6,664
Sales results
687
8
Depreciation of project costs
(53)
(238)
634
(230)
Rental income
1,420
3
Operating costs
(597)
(74)
823
(71)
Gross proceeds from securities business
11,618
14,998
Other income
7,772
6,029
The Incidental expense includes the costs of raising funds such as commission,
19,390
21,027
quoting costs, and printing and advertising expenses
371,010
451,173
Salaries, pensions and social insurance charges
31,867
31,413
The average number of staff employed by the company - including subsidiaries - during the year
was 530 (1986:545).
The remuneration paid to members of the Executive Board and pensions paid to former
Executive Board members totaled NLG 1.4 million (1986: NLG 2.8 million).
Emoluments paid to present and former members of the Board of Directors totaled NLG 0.2
million (1986: NLG 0.2 million).
The number of members of the Board of Directors on December 31, 1987, was three, none of
whom was unremunerated.
