Annual Report 2016

F.22. Fee and commission expenses and expenses from financial services activities

(CZK million)20162015
Fee and commission expenses from asset management activity31129
Total31129

XLS

Of which relates to the Transformed fund

(CZK million)20162015
Fee and commission expenses from asset management activity847742
Total847742

XLS

Fees and commission from asset management are charged by the pension company to the Transformed fund. On the consolidated level, these intercompany transactions are eliminated.