All amounts in € thousands
| Note | 2015 | 2014 |
Management fee | 11 | | 30,503 | | 27,854 |
| | | | | |
Operating costs | | | | | |
Personnel costs | 12 | 17,959 | | 17,014 | |
Depreciation costs | 1-2 | 654 | | 765 | |
Other operating costs | 13 | 6,835 | | 6,812 | |
Total operating costs | | | (25,448) | | (24,591) |
Operating result | | | 5,055 | | 3,263 |
| | | | | |
Result from participations | 14 | | 841 | | (331) |
| | | | | |
Interest income | 15 | | - | | 21 |
Result before taxes | | | 5,896 | | 2,953 |
| | | | | |
Corporate income tax | 16 | | (1,474) | | 220 |
Result after taxes | | | 4,422 | | 3,173 |