The personnel costs of Bulgaria’s Central Depository amounted to 1.074 mln leva (549,120 euros) financial report of the institution shows. Remuneration costs accounted for 920,000 leva (470,400 euros) while the costs for social security contributions stood at 154,000 leva (78,740 euros).

The overall costs of the Central Depository totaled 2.073 mln leva (1.06 mln euros) in 2007, compared to 1.729 mln leva a year earlier. External services had the second largest share in the overall costs of the institution in 2007 (528,000 leva), followed by other costs (259,000 leva).

The Central Depository generated 2.988 mln leva operating revenue last year, while the financial revenue came to 124,000 leva.

The bulk of Central Depository’s revenue came from other services (1.277 mln leva), while the fees for services provided to investment intermediaries and the support of a register made for 821,000 and 599,000 leva of the revenue, respectively.

The institution booked 1.039 mln leva (531,200 euros) profit for 2007, compared to 479,000 leva profit posted for the previous year.

The Ministry of Finance and the Bulgarian National Bank are the major shareholders in the Central Depository with 21.9 and 20.00-percent stakes, respectively, while Raiffeisenbank Bulgaria, Societe Generale Expressbank, DSK Bank and UniCredit Bulbank hold 5-percent stakes each. Central Cooperative bank owns 5.1%.

The Bulgarian Stock Exchange, ING bank, Postbank and Spasov & Bratanov Lawyers’ Partnership own 3-percent stakes each.

See also: BSE's Profit Up 215% to 5.25 Mln Leva in 2007