For 2017, before appropriation of result

The other payables relate to invoices yet to be received for maintenance of and investments in the portfolio.

Basic earnings per share are calculated by dividing the net profit attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.

In 2017, € 16.3 million (2016: € 19.2 million) was paid as dividend.

As at 31 December 2017, the Fund had unprovisioned contractual obligations for future repairs and maintenance of € 0.9 million (2016: € 3.0 million). The total future commitments as at 31 December 2017 amounted to € 113 million (2016: € 159 million).

The Office Fund’s subsidiairies and members of the Supervisory Board and Board of Bouwinvest and the other entities under management by Bouwinvest, qualify as related parties of the Office Fund.

Bouwinvest is the manager and the Statutory Director of the Fund. The management fee paid for the year 2017 amounted to € 2.8 million (2016: € 2.7 million).

The table below shows the fees charged over the year 2017 by Deloitte Accountants B.V. and the Deloitte Network in respect of activities for the Office Fund.

In January 2018, shares were issued for € 15 million.

Before appropriation of result, all amounts in € thousands