Batenburg

11. Revenue	2008	2007
Revenue from installation services	102,537	114,368
Revenue from trade	53,416	51,213
Total	155,953	165,581

	2008	2007
Revenue in the Netherlands	149,251	158,412
Revenue in other countries	6,702	7,169
Total	155,953	165,581


12. Cost of raw materials and trade goods	2008	2007
Raw materials	32,823	39,819
Trade goods	33,585	33,097
Change in provision for obsolete inventories	109	-277
Total	66,517	72,639


13. Salaries, social security and pension costs	2008	2007
Salaries	38,835	37,483
Social security	5,431	5,054
Pension costs	2,416	2,014
Total	46,682	44,551

The number of employees year-end amounts to:	2008	2007
Installation	834	827
Trade	195	208
Total	1,029	1,035

The average number of employees in 2008 amounts to: 1,032 (2007: 1,030).

Remuneration of the statutory Executive board	P.C. van der Linden		E.M. Bosma
	2008	2007	2008	2007
Salary	236	219	148	123
Variable payments	76	80	34	32
Pension costs	38	35	17	14
Total remuneration	350	334	199	169

No loans, advances or guarantees have been issued to the statutory Executive board. The statutory Executive board holds no shares in Batenburg Beheer N.V.

Remuneration of the Supervisory board	2008	2007
G.N.G. Wirken	22	18
J. Smit	19	18
M.C.J. van Pernis (since 24 April 2008)	13	-
W. van Voorden (until 24 April 2008)	8	23
Total	62	59

No loans, advances or guarantees have been issued to the Supervisory board. The members of the Supervisory Executive board hold no shares in Batenburg Beheer N.V.


14. Depreciation	2008	2007
Property, plant and equipment	2,015	1,585
Profit on non-current assets sold	-38	-50
Total	1,977	1,535


15. Impairment A disclosure of the impairment loss is presented in note 2 (goodwill)


16. Other operating expenses	2008	2007
Changes in provisions	379	486
Impairment of trade receivables	139	292
Other indirect expenses	16,025	17,093
Total	16,543	17,871

The other indirect expenses include housing, office expenses, sales and other personnel costs.


17. Book profit from discontinued operations In 2007 Batenburg Beheer N.V. divested De Bosman Bedrijven B.V. which resulted in a book profit of € 1.1 million.


18. Income taxes	2008	2007
Income taxes payable	1,399	1,515

Effective tax rate	2008	2007
Local tax rate	25.5%	25.5%
Change in income tax rate	-0.2%	0.0%
Non-deductible costs	0.5%	0.4%
Change in deferred tax rate	0.0%	0.8%
Tax-loss carry forwards	-6.9%	-8.1%
Total	18.9%	18.6%

Annual report Batenburg 2008