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Financial statements

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21 Contingent liabilities and assets

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).

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22 Related parties

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.

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23 Management fee

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).

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24 Audit fees

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.

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