4. General administrative expenses
€ million |
|
2015/16 |
|
2016/17 |
Personnel expenses |
|
592 |
|
506 |
Cost of material |
|
466 |
|
507 |
|
|
1,058 |
|
1,014 |
The decline in general administrative expenses is mainly due to lower restructuring expenses in the personnel area compared to the previous year.
Opposite effects within the cost of materials arise in particular in relation to demerger-related expenses.
Previous year
Period of 12 months, usually cited as reference for statements in the annual report.
Glossary