Note 4 - Operating expenses

Parent bank   Group
2011 30 June 2011 30 June 2012   30 June 2012 30 June 2011 2011
  528 277   312 Personnel expenses   455   405   810
  167   80 81 IT costs 92 88   185
23   12 12 Postage and transport of valuables 13 14 27
38   18 17 Marketing 23 24 50
38   18 20 Ordinary depreciation  48 40 87
  119   57 61 Operating expenses, real properties 48 45 95
47   19 22 Purchased services 26 24 55
  129   49 61 Other operating expense 93 69   173
1.089 530   586 Total other operating expenses   799   708 1.482
© SpareBank 1 SMN