Varma - Annual Report 2012

4. Operating expenses in the income statement
Parent
Company
Parent
Company
GroupGroup
1 Jan–31 Dec, € million2012201120122011
Insurance policy acquisition costs
Direct business commissions1.51.91.51.9
Other insurance policy acquisition costs8.96.08.96.0
10.37.910.37.9
Portfolio administration expenses36.335.136.335.1
Administrative expenses
Statutory charges
Finnish Centre for Pensions’ share8.311.48.311.4
Judicial administration fee1.10.91.10.9
Financial Supervisory Authority supervision fee0.60.70.60.7
10.013.010.013.0
Other administrative expenses15.416.115.416.1
72.072.172.072.1