Corporate Magazine 2012 - Boehringer Ingelheim

usiness year 2012consolidated financial statements4.4 Personnel costs(in millions of EUR) 2012 2011Salaries and wages 3,242 2,875Social benefits and retirement benefits 782 789of which: retirement benefits 235 3064,024 3,664All interest effects of the measurement of the provision for pensions and similar obligations were shown asa separate item of the financial income.Average headcount 2012 2011Production 13,727 13,076Administration 5,303 5,217Marketing and sales 18,993 17,945Research and development 7,491 7,159Apprentices 714 69746,228 44,0944.5 Amortisation of intangible assets and depreciation of tangible assetsAmortisation of intangible fixed assets and depreciation of tangible fixed assets include extraordinarywrite-downs of EUR 244 million (previous year: EUR 34 million).4.6 Other operating expensesOther operating expenses include expenses from currency translation of EUR 663 million (previous year:EUR 497 million).Other operating expenses essentially include third-party services in the areas of research, development,medicine and marketing, expenses for cost-reduction initiatives plus administrative expenses, fees andcontributions, commissions, rent, freight and expenses for third-party repairs.4.7 Financial income(in millions of EUR) 2012 2011Interest expense relating to pensions and similar obligations and other provisions — 162 — 247Other interest expense and similar expenditure — 112 — 130Interest expense and similar expenditure — 274 — 377Amortisation of and loss on disposal on financial assets and short-term investments — 3 — 2Income from other investment securities and from long-term loans 133 113Other interest income and similar proceeds 27 68— 117 — 198Notes to the consolidated financial statements59