4. General administrative expenses

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€ million

2013/14

2014/15

Personnel expenses

713

758

Cost of material

613

709

 

1,326

1,467

In the item general administrative expenses, especially the cost of material increased compared with the previous year. This is largely due to a significant increase in consulting expenditures as well as higher rental expenses and other taxes.

The increase in personnel expenses is primarily due to higher variable remuneration in connection with bonus commitments.