13.c.      PERSONNEL COSTS

 

Personnel costs totalled € 681,680 thousand in 2010 (€ 664,835 thousand in 2009).

 

The Group had an average of 12,880 employees in 2010 (12,659 in 2009).

 

(in thousands of euro)

2010

2009

Salaries and wages

460,788

442,504

Social security contributions

149,448

142,239

Employee leaving indemnity

22,364

21,924

Retirement and similar benefits

1,136

(187)

Valuation of stock option plans

9,668

10,598

Other costs

38,276

47,757

Total

681,680

664,835