CONTENTS - Capgemini

76 ANNUAL
GROUP CONSOLIDATED FINANCIAL STATEMENTS
Capgemini
NOTE 5 – OPERATING EXPENSES BY NATURE
The analysis of operating expenses by nature is as follows:
in millions of euros
REPORT 2006 Capgemini
Amount
2004 2005 2006
%
revenues
Amount
%
revenues
Amount
%
revenues
Personnel costs 4,001 64.2 4,175 60.0 4,336 56.3
Travel expenses 309 5.0 309 4.5 340 4.4
4,310 69.2 4,484 64.5 4,676 60.7
Purchases and sub-contracting expenses 1,437 23.0 1,808 26.0 2,068 26.9
Rent and local taxes 282 4.5 240 3.5 268 3.5
Depreciation, amortization and provisions 230 3.7 197 2.8 241 3.1
TOTAL 6,259 100.4 6,729 96.8 7,253 94.2
Foreign currency gains and losses included within operating items in 2006 are not material.
Personnel costs break down as follows:
in millions of euros 2004 2005 2006
Wages and salaries 3,171 3,283 3,429
Payroll taxes 747 803 818
Pension costs related to defined benefit plans and other
post-employment benefit expenses (1) 83 89 89
TOTAL 4,001 4,175 4,336
(1) See Note 19 – “Provisions for pensions and other post-employment benefits”.
NOTE 6 – OTHER OPERATING INCOME AND EXPENSE, NET
in millions of euros 2004 2005 2006
Restructuring costs (240) (164) (94)
Expenses relating to stock options and share grants (1) (4) (12) (17)
Impairment of goodwill (19) (6) (3)
Capital gains on the sale of consolidated companies or businesses 6 166 -
Other operating income and expense - 5 1
TOTAL (257) (11) (113)
(1) These expenses are calculated as explained in Note 10.A. – “Stock option plans and share grants”.