Management fee

13

59,925

53,161

Operating costs

Personnel costs

14

31,538

29,182

Depreciation costs

1-2

1,388

1,270

Other operating costs

15

19,952

15,291

Total operating costs

(52,878)

(45,743)

Operating result

7,047

7,418

Result from investments in associates

16

232

1,495

Interest income and expenses

17

(27)

(216)

Result before taxes

7,252

8,697

Corporate income tax

18

(1,825)

(2,194)