Personnel costs
31. Personnel costs
Personnel costs consist of the following:
|
(in thousands of Euros) |
||
|
2007 |
2006 |
|
|
Salaries and wages |
885,692 |
809,982 |
|
Stock option costs |
1,513 |
6,069 |
|
Social security costs |
196,806 |
185,600 |
|
Leaving indemnity and similar costs (*) |
25,671 |
38,185 |
|
Defined contribution pension fund costs |
19,608 |
8,296 |
|
Defined benefit pension fund costs |
(3,444) |
2,589 |
|
Defined benefit medical care plan costs |
1,373 |
1,535 |
|
Long-service bonus costs |
1,235 |
560 |
|
Defined contribution medical care plan costs |
20,507 |
17,534 |
|
Other costs |
7,209 |
5,421 |
|
1,156,170 |
1,075,771 |
|
|
* includes Italian and foreign companies |
||
With regard to the amounts relating to employees’ leaving indemnity, pension funds and medical care defined benefit plans, reference should be made to “Employee benefit obligations” (Note 23).
“Leaving indemnity and similar costs” include a positive amount of Euros 5,186 thousand relating to the curtailment of the provision for employees’ severance indemnity which is explained in Note 23 – “Employee benefit obligations”.