AIRBUS - 2020 Financial Statement
2. Notes to the IFRS Consolidated Financial Statements / 2.6 Employees Costs and Benefits
2.6 Employees Costs and Benefits
29. Number of Employees
Airbus Defence and Space
Airbus Helicopters
Consolidated Airbus
Airbus
31 December 2020
78,487 80,985
20,026
32,836
131,349
31 December 2019
20,024
33,922
134,931
30. Personnel Expenses
2020
2019
(In € million)
Wages, salaries and social contributions
11,799
13,347
749
626
Net periodic pension cost (1)
Total
12,548
13,973
(1) See “– Note 32: Post-Employment Benefits”.
31. Personnel-Related Provisions
Several German companies provide life-time working account models, being employee benefit plans with a promised return on contributions or notional contributions that qualify as other long-term employee benefits under IAS 19. The employees’ periodical contributions into their life-time working accounts result in corresponding personnel expenses in that period, recognised in other personnel charges . The increase in Restructuring measures/ pre-retirement part-time work is mainly due to the restructuring provision recorded in 2020 in response to the COVID-19 pandemic. For more details, see “– Note 2: Impact of the COVID-19 pandemic”.
2
Increase from passage of time Additions
Reclassification/ Change in consolidated
Balance at 31 December 2020
Balance at 1 January 2020
Exchange differences
group Used Released
(In € million)
Restructuring measures / pre-retirement part-time work
266
(1)
0
1,196
(13)
(178)
(7)
1,263
Other personnel charges
717
(2)
1
311
2 (305)
(82)
642
Total
983
(3)
1 1,507
(11) (483)
(89)
1,905
32. Post-Employment Benefits
31 December
2020
2019
(In € million)
Provisions for retirement plans
8,790
7,286
1,190
1,067
Provisions for deferred compensation
Retirement plans and similar obligations
9,980
8,353
47
Airbus / Financial Statements 2020
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