Annual Report 2019-2020

47 E F L I N G A N N U A L R E P O R T 2 0 1 9 – 2 0 2 0 5. OTHER OPERATING EXPENSES 2019 2018 Auditing and preparing of financial reports (Deloitte ehf.) ......................................... 8,303,303 5,7 1 2,844 Accounting assistance and payroll processing (Deloitte ehf.).................................... 5,954,222 6,767,481 Legal assistance and other expert’s costs ........................................................................... 46,196,425 28,743,1 90 Taxis and vans..................................................................................................................................... 319,540 330,087 Paper, printing, magazines, telephone costs and postage .......................................... 13,01 1,943 14,277,587 Computer system operation ....................................................................................................... 34,243,047 23,244,907 Employee courses...................................................................................................................... 3,673,679 1,686,357 Employee recruitment cost .................................................................................................... 10,440,784 2,686,842 Equipment maintenance ............................................................................................................ 1,21 3,042 1,229,0 1 1 Canteen operation......................................................................................................................... 11,1 06,379 11,852,4 1 7 Flowers and gifts .......................................................................................................................... 207,407 492,71 2 Sanitary ware, cleaning, garbage and other costs ........................................................ 12,23 1,984 8,78 1,064 Rent and other real estate cost .............................................................................................. 53,229,633 53,014,666 Starfsafl’s part of the operation cost ................................................................................. (2,366,703) (2,422,895) 197,764,685 156,396,270 6. FINANCIAL INCOME 2019 2018 Interest income on bank deposits ....................................................................................... 249,021,1 7 1 264,876,1 7 7 Interest income on membership fees and union fees ............................................... 12,398,728 13,1 94,093 Dividend ....................................................................................................................................... 1,533,501 1,445,29 2 262,953,400 279,5 1 5,562 7. FINANCIAL EXPENSES 2019 2018 Commissions on securities purchases ................................................................................... (4,1 78,263) (2,772,379) Other interest expense................................................................................................................... (2,622,601) (3,269,869) (6,800,864) (6,042,248) 8. EXCHANGE RATE DIFFERENCE OF SECURITIES 2019 2018 Interest and exchange rate difference on securities holdings .......................... 397,510,844 341,446,243 397,51 0,844 341,446,243