in thousands of EUR

2019

2018

Co-worker costs:

 

 

• salary expenses

63,150

63,312

• pension expenses

8,166

9,086

• social security expenses

12,888

12,358

• temporary co-workers

17,410

14,194

• other staff costs

7,885

6,854

• capitalised co-worker costs

–5,828

–7,562

 

103,671

98,242

 

 

 

Other administrative expenses:

 

 

• office costs

4,220

4,666

• IT costs

14,323

12,619

• external administration costs

9,482

8,882

• travel and lodging expenses

2,618

2,639

• fees for advice and auditor

8,087

10,041

• advertising charges

5,817

5,876

• accommodation expenses

8,562

8,168

• other expenses

6,190

16,489

 

59,299

69,380

 

 

 

 

162,970

167,622

 

 

 

Average number FTEs during the year

1,068.2

1,128.0

Other expenses

The decline is mainly caused by the increase of expenses charged to the subsidiary Triodos Investment Management B.V. and the newly established subsidiary Triodos Bank UK Ltd in 2019 (formerly Triodos Bank UK branch), with had to be deducted from the other expenses.