17 Other Operating Expenses
Other Operating Expenses
in € million | 2024 | 2025 | |||
Consultants’ and auditors’ fees | 95.2 | 85.8 | |||
Land related expenses | 1.6 | 59.1 | |||
Vehicle and traveling costs | 40.0 | 47.5 | |||
Communication costs and work equipment | 25.7 | 29.1 | |||
Unrecognized insured losses | 8.3 | 29.1 | |||
Advertising costs | 27.7 | 28.9 | |||
Rents, leases and ground rents | 22.2 | 22.6 | |||
Additions to provisions | 12.9 | 21.2 | |||
Administrative services | 19.6 | 20.1 | |||
Impairment losses on development real estate inventories | 18.8 | 13.8 | |||
Non-capitalizable expenses from real estate development | 3.8 | 10.6 | |||
Other taxes | 18.3 | 10.0 | |||
Sales incidentals | 8.5 | 8.5 | |||
Seminar fees | 6.3 | 7.4 | |||
Other contributions and fees | 5.8 | 6.7 | |||
Impairment losses on receivables | 3.8 | 6.6 | |||
Expenses from previous years | 5.0 | 6.3 | |||
Costs of sale associated with real estate inventories | 6.2 | 5.6 | |||
Losses and reimbursements of ancillary costs | 4.1 | 3.2 | |||
Legal and notary costs | 2.8 | 2.3 | |||
Miscellaneous | 51.3 | 54.7 | |||
387.9 | 479.1 | ||||
The increase in property-related expenses is due primarily to provisions set up for the purchased land to build on and old stock of the QUARTERBACK Immobilien Group amounting to € 57.6 million.
Other operating expenses include impairment losses on Development to sell properties in the amount of € 13.8 million (2024: € 18.8 million).
