The royal family in Spain has revealed details of its finances for the first time in more than 30 years.
King Juan Carlos is paid 292,752 euros annually by the state. Accounts issued on Wednesday reveal the king pays 40% tax on his income.
He gets 140,519 euros as salary and the rest is for expenses.
Crown Prince Felipe gets 146,376 euros. Queen Sofia and the three princesses get 375,000 euros between them.
The BBC reports the total budget for the royal family was 8.4 million euros in 2011.
The royal household has a staff of about 500 and just over 4 million euros was spent on them.
The move was prompted by a scandal involving the king's son-in-law, who has been suspended from all duties because of an investigation into his involvement in a corruption case.
The Duke of Palma, a former Olympic handball player, has denied any wrongdoing.
