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Financial statements

7 Property operating expenses

	2015	2014
Taxes	1,342	1,162
Insurance	115	80
Maintenance	946	751
Valuation fees	142	166
Property management fees	775	715
Promotion and marketing	212	165
Letting and lease renewal fees	482	296
Other operating expenses	857	949
Addition to provision for bad debts	198	347
Total property operating expenses	5,069	4,631

In 2015, € 0.1 million (2014: € 0.2 million) of the maintenance expenses related to unlet properties.