12 Results from equity investments

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13 Net fee and commission income

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14 Results from financial transactions

The movement for results from financial transactions can be mainly explained by changes in valuations for derivatives and FX results.

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15 Remuneration for services rendered

Remuneration for managing funds and programs is assessed for market conformity. Related management expenses are included in operating expenses.

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16 Tax 

Current income tax receivables amount to €13.9 million (December 31, 2021: Payable €36.9 million).

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