Financial Report 2003 (english) PDF • 287.26 KB - Kuoni Group

7. Personnel Expense
Kuoni Group
Personnel expense fell by a total of – 2.8%, with – 0.1% due to currency movements and +0.3% attributable to
acquisitions.
2003 2002 Change
CHF 1000 CHF 1000 in %
Salaries 365 156 380 317 –4.0
Pension costs 43 392 40 547 +7.0
Other social security costs 34 943 35 444 –1.4
Other personnel costs 20 730 21 160 –2.0
Total 464 221 477 468 –2.8
Number of Staff (full-time equivalents) by Business Area
Average number Number of staff
of staff Change at year-end Change
2003 2002 in % 2003 2002 in %
Switzerland 1 610 1 680 –4.2 1 531 1 634 –6.3
Scandinavia 652 687 –5.1 648 678 –4.4
Europe 886 921 –3.8 902 925 –2.5
United Kingdom & North America 830 823 +0.8 849 847 +0.2
Incoming & Asia 2 283 2 115 +7.9 2 312 2 147 +7.7
Business Travel 1 645 1 654 –0.5 158 1 679 –90.6
Corporate 25 27 –7.4 25 28 –10.7
Total 7 931 7 907 +0.3 6 425 7 938 –19.1
Average number of staff: average number of full-time and part-time staff converted to full-time equivalents.
Number of staff at year-end: number of full-time and part-time staff at year-end converted to full-time equivalents.
KUONI Financial Report 2003
19