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ePaper created 2015-04-21, 16:47:46 | version 1.37.0
58 münchener Hypothekenbank eg | annual report 2014 For the year ended 31 December 2014 Income Statement Income Statement Expenses 31 Dec. 14 31 Dec. 13 € € € 000 1. Interest expenses 994,427,050.86 1,073,277 2. Commission paid 71,349,524.03 61,038 3. General administrative expenses a) Personnel expenses 39,282,930.72 35,818 aa) Wages and salaries € 33,421,815.76 ( 29,540 ) ab) Social security contributions and cost of pensions and other benefits € 5,861,114.96 ( 6,277 ) of which for pensions € 1,020,575.41 b) Other administrative expenses 35,363,286.88 31,228 74,646,217.60 67,046 4. Depreciation and write-downs of intangible and tangible assets 6,821,625.76 6,462 5. Other operating expenses 5,091,456.19 5,076 6. Write-downs on and adjustments to claims and certain securities and additions to provisions for possible loan losses 2,242,972.53 21,363 7. Payment to fund for general banking risks 5,400,000.00 5,000 8. Taxes on revenue and income 5,227,608.04 9,493 9. Net income 16,140,177.21 6,708 Total expenses 1,181,346,632.22 1,255,463 1. Net income 16,140,177.21 6,708 2. Retained earnings brought forward from previous year 206,771.02 200 3. Unappropriated profit 16,346,948.23 6,908 Expenses 31 Dec. 1431 Dec. 13 1. Interest expenses 994,427,050.861,073,277 2. Commission paid 71,349,524.0361,038 a) Personnel expenses 39,282,930.7235,818 b) Other administrative expenses 35,363,286.8831,228 74,646,217.6067,046 and tangible assets 6,821,625.766,462 5. Other operating expenses 5,091,456.195,076 possible loan losses 2,242,972.5321,363 7. Payment to fund for general banking risks 5,400,000.005,000 8. Taxes on revenue and income 5,227,608.049,493 9. Net income 16,140,177.216,708 Total expenses 1,181,346,632.221,255,463 1. Net income 16,140,177.216,708 2. Retained earnings brought forward from previous year 206,771.02200 3. Unappropriated profit 16,346,948.236,908