8.7.4
Personnel costs
Personnel costs are comprised of the following:
Notes | 2019 | 2018 1) | |
€ x 1,000 | € x 1,000 | ||
Wages and salaries | 122,649 | 109,242 | |
Social security charges | 14,402 | 13,915 | |
Pension contributions | 6,787 | 7,700 | |
Share based payments | 6.17.4 | 192 | 182 |
Other personnel costs | 6,024 | 4,711 | |
Personnel expenses | 150,053 | 135,751 | |
1) The figures for 2018 have been restated due to the classification of discontinued operations (see note 6.16.1). |
The average number of employees (FTE) was 3,410 (2018: 3,227).
Accounting policy
All expenses are reported on an accrual accounting basis, meaning when the expenses are incurred (services are received) not necessarily when they are paid. For more details on accounting policies regarding pension contributions and share-based payments see note 6.11.3 and note 6.17.4 respectively.