EUR 000 |
2021/2022 |
2020/2021 |
Other employee expenses |
35,292 |
24,464 |
Travelling and representation expenses |
14,344 |
10,150 |
Housing expenses |
7,905 |
5,889 |
Office and IT expenses |
17,438 |
13,947 |
Other expenses |
31,680 |
31,024 |
106,659 |
85,474 |
Other employee expenses increased as a result of higher recruitment, entertainment and study costs, which reflects the increase in activities following the relaxation of Covid-19 measures. Travel and representation expenses increased as a result of higher lease expenses and increased travel compared with the first year of Covid-19. Housing expenses increased due to higher energy, catering and rental costs. Office and IT expenses increased due to higher software and general IT expenses.
Other expenses included in Other expenses mainly relate to contributions to KPMG International, insurance expenses, AFM fees and advertising and marketing expenses. Total litigation expenses (including related legal expenses and movements in provisions) included in other expenses amount to EUR 0.3 million (2020/2021: EUR 1.1 million).
An amount of EUR 7.8 million is recognized in the other expenses (employee expenses and IT expenses) related to research and development costs (2020/2021: EUR 5.6 million).