8. Staff costs
|
2013 |
2012 |
|
|---|---|---|
|
Wages and salaries |
1,152.4 |
1,026.4 |
|
Pension costs |
217.6 |
162.7 |
|
Social security costs |
53.9 |
52.7 |
|
Total staff costs |
1,423.9 |
1,241.8 |
Pension costs include:
- compulsory payments to the Pension Fund of the RF,
- contributions to a non-government pension fund under a defined contribution pension plan under which the Group makes additional pension contributions as a fixed percentage (20% in 2013, 15% to 20% in 2012) of the transfers made personally by the employees participating in the programme, and
- an increase in the net present value of the future benefits which the Group expects to pay to its employees upon their retirement under a defined benefit pension plan as follows:
|
2013 |
2012 |
|
|---|---|---|
|
Payments to the Pension Fund of the RF |
215.6 |
159.4 |
|
Defined contribution pension plan |
1.4 |
0.3 |
|
Defined benefit pension plan |
0.6 |
3.0 |
|
Total pension costs |
217.6 |
162.7 |
Notes in Consolidated Statements:
Consolidated Statement of Profit or Loss
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