20142013 Management fee Bouwinvest2,3172,430 Audit fees2316 Other administrative expenses 12174 Legal fees336 Other Fund expenses32161 Total administrative expenses2,5262,687 Download XLS Where administrative

 20142013 Interest income215 Total finance income215 Download XLS

The Fund is structured as a fiscal investment institution (fiscale beleggingsinstelling, or ‘FII’) within the meaning of Article 28 of the Dutch Corporate Income Tax Act 1969 (Wet op de vennootschapsbelasting 1969).

The Office Fund has no employees.

 20142013 At the beginning of the year441,326469,252 Additions:   Investments131,400753 Disposals- -     Net gain (loss) from fair value adjustments on investment properties (like for

Risk management and compliance are independent functions within Bouwinvest. Their role is to identify, assess, advise on, monitor and report on compliance and other risks faced by the Office Fund.

 20142013 At the beginning of the year- - Investments6,678- Transfer to investment property- - Net gain (loss) from fair value adjustments on investment property under construction(477)- In profit or

Bouwinvest has implemented a risk management framework based upon the principles of The Committee of Sponsoring Organizations of the Treadway Commission (COSO).

 20142013 Trade receivables343371 Reclaimable VAT704867 Group companies Bouwinvest- 110 Other receivables7772,546 Balance as at 31 December1,8243,894 Download XLS

Within the domain of the Office Fund, we distinguish the following risk clusters: