7. Other operating costs

EUR 1,000

Group

2014

Group

2013

Parent company

2014

Parent company

2013

Property management expenses

    
 

Administration

4,424

3,734

2

2

 

Use and maintenance

7,934

9,080

  
 

Maintenance of outdoor areas

5,718

6,802

  
 

Cleaning

6,447

7,334

  
 

Heating

28,221

29,418

  
 

Water and wastewater

13,374

12,857

  
 

Electricity and gas

6,242

6,194

  
 

Waste management

6,312

5,999

  
 

Indemnity insurance

1,185

1,157

  
 

Real estate tax

8,090

7,382

148

150

 

Repairs

49,554

48,436

  
 

Other management costs

0

12

  

Rents and maintenance charges

8,354

8,300

447

495

Credit losses

2,388

2,489

  

Other expenses

16,251

15,371

7,911

6,676

Total

164,495

164,566

8,507

7,323

       

Electricity procurement was hedged with electricity derivates quoted on the Nordic electricity exchange Nord Pool in accordance with the risk policy approved by VVO Group. The market value of the hedges for 2013–2017 was EUR -0.9 (-1.2) million at the closing date. Unrealised changes in fair value have not been taken into account in the consolidated income statement or balance sheet.

Auditors’ fees

EUR 1,000

Group

2014

Group

2013

Parent company

2014

Parent company

2013

KPMG Oy Ab, authorised public accounting firm

    
 

Audit fees

138

134

21

21

 

Tax advice

18

18

18

18

 

Other fees

2

6

  
 

Advisory services

106

41

106

41