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22. Interest expense

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Amounts in thousands of EUR

2012

2011

 

 

 

Funds entrusted

53,174

43,715

Subordinated liabilities

641

160

Banks

1,355

774

Other

48

26

 

 

 

 

 

 

 

55,218

44,675

 

 

 

The subordinated liabilities item includes a transaction result in the amount of EUR 0.1 million (2011: EUR 1.1 million).