16 Non-current lease liabilities
The average discount rate used for discounting the lease payments is 3%.
17 Current trade and other payables
The other payables relate to invoices yet to be received for maintenance of and investments in the portfolio.
18 Earnings per unit
19 Dividends per unit
In 2023, the Fund paid out a dividend of € 77.66 per unit (2022: € 109.97) which amounts to a total of € 32.3 million (2022: € 43.5 million).
20 Contingent liabilities and assets
As at 31 December 2023, the Fund had unprovisioned contractual liabilities for future repairs and maintenance of € 0.2 million (2022: € 0.8 million).
21 Related parties
The Office Fund’s subsidiaries and members of the Supervisory Board and the Management Board of Bouwinvest and the other entities under management by Bouwinvest, qualify as related parties of the Office Fund.
22 Management fee
Bouwinvest is the manager and the Statutory Director of the Fund. The management fee paid for the year 2023 amounted to € 5.3 million (2022: € 6.1 million).
23 Audit fees
The table below shows the fees charged over the year 2023 by Deloitte Accountants B.V. and the Deloitte Network in respect of activities for the Office Fund.
24 Subsequent events
No subsequent events occured after the end of the reporting period.
Company balance sheet
Before appropriation of result, all amounts in € thousands