4. General administrative expenses

 Download XLS (15 kB)

€ million

2011

2012

Personnel expenses

826

899

Cost of material

761

765

 

1,587

1,664

In the financial year 2012, the reorganisation of administrative structures resulted in distinctly higher general administrative expenses.

Particularly in the area of personnel expenses, the resulting higher restructuring costs and severance payments led to an increase in general administrative expenses.