Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

Section 9Heading 150: Administrative expenses9.1 Personnel costsType of expense/sectors12 mths ended30/6/1112 mths ended30/6/101. Employees (208,335) (178,906)a) wages and salaries (153,430) (133,254)b) social security contributions (28,098) (27,293)c) severance indemnities — —d) pension contributions — —e) transfers to severance indemnity provisions (5,153) (5,835)f) transfers to post-employment and similar benefitsprovisions: — —– defined benefit — —– defined contribution — —g) amounts paid to external complementary pensionschemes: (6,563) (6,146)– defined benefit (6,563) (6,146)– defined contribution — —h) expenses incurred in connection with sharepayment schemes(13,103) (4,756)– stock options (8,754) (4,756)– performance shares (4,349) —i) other staff benefits (1,988) (1,622)2. Other staff (6,780) (5,521)3. Board members (4,583) (7,340)4. Expenses incurred in connection with staff retiring (2,619) (3,570)5. Expenses recovered in respect of staff seconded to othercompanies553 5096. Refunds of expenses for other companies’ staff seconded toMediobanca— —Total (221,764) (194,828)352 –