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A N N U A L R E P O R T - Bouygues

A N N U A L R E P O R T - Bouygues

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19.6. Obligations under finance leases and operating leases<br />

19.6.1. Obligations under finance leases<br />

Summary of future minimum lease payments under 1 year 1 to 5 years Total<br />

Finance leases at 31 December 2005 42 61 103<br />

Comparative at 31 December 2004 41 100 141<br />

Present value of minimum lease payments under 1 year 1 to 5 years Total<br />

Minimum lease payments 42 61 103<br />

Finance charges 4 10 14<br />

Present value of minimum lease payments 38 51 89<br />

Comparative at 31 December 2004 46 70 116<br />

The amount of contingent rent under finance leases at 31 December 2005 is: nil<br />

19.6.2. Obligations under operating leases<br />

Minimum payments for the year<br />

Total lease payments for the year<br />

Minimum payments for the year 176<br />

Summary of future minimum<br />

lease payments<br />

under 1<br />

year<br />

1 to 5<br />

years<br />

over 5<br />

years<br />

Operating leases at 31 December 2005 191 513 336 1,040<br />

Comparative at 31 December 2004 183 529 339 1,051<br />

Total<br />

NOTE 20: HEADCOUNT, EMPLOYEE BENEFIT OBLIGATIONS<br />

AND EMPLOYEE SHARE OWNERSHIP<br />

20.1. Average headcount<br />

2005 2004<br />

Managerial 17,035 15,888<br />

Supervisory, technical and clerical 17,825 17,432<br />

Site workers 27,230 25,986<br />

Sub-total: France 62,090 59,306<br />

Expatriates and local contract staff 57,004 56,946<br />

Total average headcount including TPS 119,094 116,252 (1)<br />

TPS (610)<br />

Total average headcount excluding TPS 118,484<br />

(1) after deducting Saur average headcount (21,305), included at 31 December 2004<br />

20.2. Employee benefit obligations, retirement benefit obligations<br />

(post-employment benefits)<br />

The tables below disclose information about the <strong>Bouygues</strong> Group’s retirement benefit obligations.<br />

20.2.1. Defined-contribution plans<br />

2005 2004<br />

Amounts recognised as expenses (1,383) (1,292)<br />

The above defined-contribution expenses comprise contributions to:<br />

• health insurance and mutual insurance funds,<br />

• pension funds (compulsory and top-up schemes),<br />

• unemployment insurance funds.<br />

For related-party information, see Note 21<br />

200

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