4. Administrative expenses
Administrative expenses of €12.7 billion (previous year: €11.7 billion) mainly include nonstaff overheads and personnel costs, as well as depreciation and amortization charges applicable to the administrative function.
Administrative expenses of €12.7 billion (previous year: €11.7 billion) mainly include nonstaff overheads and personnel costs, as well as depreciation and amortization charges applicable to the administrative function.