The bank balances of € 16.9 million are freely available to the Fund as at 31 December 2018. In order to minimalise the costs of the negative interest rate on the bank balances, during 2018 the Fund used 30-day bank deposits.

For 2018, before appropriation of result

The other payables relate to invoices yet to be received for maintenance of and investments in the portfolio.

Basic earnings per share are calculated by dividing the net profit attributable to shareholders by the weighted average number of ordinary shares outstanding during the year.

In 2018, € 16.2 million (2017: € 16.3 million) was paid as dividend.

As at 31 December 2018, the Fund had unprovisioned contractual obligations for future repairs and maintenance of € 1.2 million (2017: € 0.9 million).

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.

Bouwinvest is the manager and the Statutory Director of the Fund. The management fee paid for the year 2018 amounted to € 3.4 million (2017: € 2.8 million).

The table below shows the fees charged over the year 2018 by Deloitte Accountants B.V. and the Deloitte Network in respect of activities for the Office Fund.

As of January 2019, two Dutch pension funds committed for a total of € 223 million and shares were issued for € 30 million.