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74 Consolidated financial statements<br />
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Notes to the income statement<br />
4. Personnel expenses<br />
5. Operating expenses<br />
6. Other operating income<br />
CHF 1’000 <strong>2011</strong> 2010<br />
Wages and salaries 99’477 48’422<br />
Pension benefits 24 1’819 1’788<br />
Social benefits 15’902 7’215<br />
Other personnel expenses 3’524 671<br />
Total personnel expenses 120’722 58’096<br />
Operating expenses particularly comprise project risk costs, facility expenses, maintenance<br />
and repair of tangible fixed assets and travel, entertainment and administration expenses.<br />
CHF 1’000 <strong>2011</strong> 2010<br />
Sublease income 607 746<br />
Government grants 156 368<br />
Profit from sales of fixed assets 30 53<br />
Other operating income 1’042 678<br />
Total other operating income 1’835 1’845<br />
Government grants are tied to certain research and development subjects. There are no other<br />
conditions attached to them. Government grants are recognized as income over the periods necessary<br />
to match them with related costs on a systematic basis.
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