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Annual Statements

Financial reporting

Price winner 2012 in the category non-listed

Home Annual Statements Financial Statements 2012 Notes to the consolidated financial statements Notes to the consolidated income statement Employee benefits

5. Employee benefits

(in thousands of euros)

2012

2011

Short-term employee benefits

Salaries

143,208

140,551

Social security charges

13,012

11,511

Internal hours capitalised

- 10,780

- 12,167

145,440

139,895

Post-retirement benefits

Pension charges (defined-contribution plans)

18,393

19,951

Pension charges (defined-benefit plans)

664

927

Early retirement benefits

1,483

1,595

20,540

22,473

Other long-term employee benefits

Long-service bonuses

591

246

Long-term management bonuses

1,260

1,014

Other employee benefits

-

44

1,851

1,304

Termination benefits

2,192

1,696

Other staff costs

12,336

12,102

Total employee benefits

182,359

177,470

N.V. Luchthaven Schiphol and its subsidiaries had an average of 2,087 employees, on a full-time equivalent basis (2011: 2,115). Other staff costs included EUR 0.7 million for the crisis levy on higher incomes.

The internal hours capitalised concern production in the form of time charged by staff in the implementation phases of investment projects.

See note 34 for further information on post-retirement benefits, other long-term employee benefits and termination benefits.

See the ‘Related Party Disclosures’ section for details of the remuneration of members of the Supervisory and Management Boards pursuant to Section 2:383c of the Netherlands Civil Code.