Note 6 Other operating expenses Amounts in EUR thousand 1 Jan–31 Dec 21 1 Jan–31 Dec 20 Other operating expenses Lease expenses 76 57 IT related expenses 337 120 Travel, Insurance, meetings and office expenses 93 28 Consultancy fees and external personnel expenses 783 1 734 Audit expenses 75 247 Management fee 2 855 2 341 Other operating expenses 13 19 Total other operating expenses 4 232 4 546 Amounts in EUR thousand 1 Jan–31 Dec 21 1 Jan–31 Dec 20 Specification auditor's fee Statutory audit (PWC) 72 161 Other assurance services (PWC) 2 85 Total 75 247 Note 7 Shares in subsidiaries Amounts in EUR thousand Company Location Ownership interest in % Total equity Result Carrying value 31 Dec 2021 Carrying value 31 Dec 2020 Fiven Norge AS 1 Norway 100% 13 437 5 683 42 368 43 211 Fiven GmbH Germany 100% 123 6 29 29 Materiaux Ceramiques SA Belgium 100% 10 176 (1 494) 15 391 15 391 Carbeto de Silício Sika Brasil Ltda Brazil 100% 29 046 6 263 19 846 19 846 Fiven North America Inc 2 US 100% 11 13 - N/A Total 31 Dec 2021 77 635 78 477 1 Group contribution of 842.5 kEUR is in 2021 booked as a reduction of investments in subsidiaries. 2 In February 2021 the sales representation office operating in Pittsburgh (USA) was established as a wholly owned subsidiary, Fiven North America Inc, at zero cost. Fiven Annual Report 2021 88 Financial statements
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