Semi-Annual Report 2013-2014

4. Administrative expense

Administrative expense
in CHF thousand1.4.2013
to 30.9.2013
reviewed
1.4.2012
to 30.9.2012
reviewed
   
Salaries and Board of Directors' fees–2 922–2 842
Valuation–90–119
Audit–257–276
Legal and tax advisory–94–105
Other taxes–176–298
Depreciation–102–177
Bookkeeping and IT–426–459
Other advisory and investor relations–239–405
Other administrative expense–249–439
Total administrative expense–4 555–5 120

As a result of the reduced portfolio and other savings, the administrative expense declined.

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Semi-Annual Report 2013-2014

Semi-Annual Report 2013-2014 (1.92 MB)