Annual report 2004 (PDF, 4141 kB) - Unicredit Bank

23 ADMINISTRATIVE EXPENSES
31 December 2004
CZK m
31 December 2003
CZK m
Staff costs 524 457
Advertising & representation 106 56
Information technology 78 75
Telecommunications 73 62
Rent and lease charges 60 42
Consumption of material, fuel & energy 40 32
Stationery and similar expenses 38 37
Consumption of low value fixed assets 15 8
Other consulting 10 27
Audit, tax and legal advisory services 8 8
Other administration expenses 68 57
Total 1 020 861
Insurance of clients’ deposits and contribution
to Guarantee fund 61 29
Tax penalty 22 0
Other operating expenses 3 0
Total other operating expenses 86 29
Staff costs can be analysed as follows:
31 December 2004
CZK m
31 December 2003
CZK m
Emoluments of Board of Directors 23 21
Emoluments of Supervisory board 1 1
Management 35 40
Other wages, personnel costs and emoluments
of employees 333 283
Social security and health insurance 132 112
524 457
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