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The cost of purchased services refers essentially to sales-related contract processing and inter-company
transport costs.
The increase can be attributed above all to the increase in sales, the increase in the cost of raw materials
and energy and the additions to the consolidated group.
(5) Personnel Expenses
in T€ FY 2007 FY 2006
Wages and salaries 1,001,970 822,161
Social security, pension and other benefits 230,343 191,651
of which pension commitments [106,398] [92,359]
Personnel expenses 1,232,313 1,013,812
In the financial year 2007, the defined contribution plan payments in the Salzgitter Group totaled
€ 94.9 million (2006: € 72.2 million). Allocations (after being set off against reversals) to the pension
provisions are reported as costs for defined benefit plans. The allocations to provisions consist almost
entirely of ongoing pension costs for employees’ earned pension expectancies in the reporting year.
The costs for retirement pensions do not include the compounding of the pension provisions that are
shown in the financial result.
Average number of employees (excl. employees
in age-related part-time employment)
FY 2007 FY 2006
Wage labor 12,647 11,195
Salaried employees 7,425 5,754
Group core workforce 20,072 16,949
(6) Amortization and Depreciation
The amortization of intangible assets and the depreciation of property, plant and equipment were
carried out according to schedule in the reporting year and are shown in the analysis of fixed assets.
The following expenses resulting from impairment were also taken into account:
in T€ FY 2007 FY 2006
Intangible assets
Land, similar rights and buildings, including buildings
326 1
on land owned by others – –
Plant and machinery
Other equipment, factory and office equipment/
2,128 1,855
equipment under construction 1,165 3,416
Write-downs 3,619 5,272