Annual Report 2010 03 August 2011 - Banka Qendrore e ...
Annual Report 2010 03 August 2011 - Banka Qendrore e ...
Annual Report 2010 03 August 2011 - Banka Qendrore e ...
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Central Bank of the Republic of Kosovo<br />
Notes to the Financial Statements<br />
(in thousands of EUR, unless otherwise stated)<br />
24. Grant revenue<br />
Grant revenue is composed as follows:<br />
<strong>2010</strong> 2009<br />
European Central Bank (“ECB”) 31 -<br />
World Bank 10 -<br />
Ministry of Economy and Finance 16 24<br />
Total 57 24<br />
25. Other operating income<br />
Other operating income mainly comprises of fees charged to financial institutions in Kosovo as part of issuing<br />
or renewing licenses, as well as other statutory fees related to their activities. Other operating income<br />
consists of the following:<br />
<strong>2010</strong> 2009<br />
Fees charged to insurance companies 922 775<br />
Fees charged to commercial banks 546 514<br />
Fees from non-banking financial institutions 51 40<br />
Other fees 3 11<br />
Total 1,522 1,340<br />
26. Personnel expenses<br />
Personnel expenses are composed as follows:<br />
<strong>2010</strong> 2009<br />
Wages and salaries 1,578 1,495<br />
Health insurance costs 151 135<br />
Pension contributions 258 245<br />
Staff training 214 147<br />
Central Bank Board expenses 155 108<br />
Other 39 30<br />
Total 2,395 2,160<br />
The average number of employees at CBK in <strong>2010</strong> was 164 (2009: 161).<br />
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