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ANNUAL REPORT 2011 - Kuehne + Nagel

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76<br />

Consolidated Financial Statements <strong>2011</strong> _ _ _ _ _ _ Other Notes<br />

b) Geographical information<br />

Country information<br />

<strong>2011</strong> 2010<br />

CHF million Non-current Invoiced Non-current Invoiced<br />

assets turnover assets turnover<br />

Switzerland 1 6 352 6 265<br />

Germany 1 511 3,984 482 4,155<br />

USA 2 114 2,029 129 2,114<br />

China 3 6 603 4 659<br />

South Africa 4 2 459 2 492<br />

1 Part of region Europe.<br />

2 Part of region Americas.<br />

3 Part of region Asia-Pacific.<br />

4 Part of region Middle East, Central Asia and Africa.<br />

21 Personnel expenses<br />

CHF million <strong>2011</strong> 2010<br />

Salaries and wages 2,711 2,696<br />

Social expenses and employee benefits 588 598<br />

Expenses for employee share purchase and option plans<br />

Pension plan expenses<br />

7 10<br />

— defined benefit plans 20 21<br />

— defined contribution plans 49 48<br />

Other 11 18<br />

Total 3,386 3,391<br />

.<br />

22 Selling, general and administrative expenses<br />

CHF million <strong>2011</strong> 2010<br />

Administration 201 192<br />

Communication 74 78<br />

Travel and promotion 86 80<br />

Vehicles 293 325<br />

Operating expenses 242 199<br />

Facilities 633 697<br />

Bad debt and collection expenses 13 13<br />

Total 1,542 1,584

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