BMW 2008 Annual Report Download - page 92

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93 Group Financial Statements
Earnings per share of preferred stock are computed on the
basis of the number of preferred stock shares entitled to
receive a dividend in each of the relevant financial years.
Other disclosures relating to the income statement
The income statement includes personnel costs as follows:
Diluted earnings per share were not applicable in either the
current or prior year.
Personnel costs include euro  million of expenditure incurred to reduce the size of the workforce. The average number
of employees during the year was:
in euro million 2008 2007
Personnel costs
Wages and salaries 5,991 6,268
Social security, retirement and welfare costs 1,245 1,243
thereof retirement costs: euro  million (: euro  million)
7,236 7,511
in euro million 2008
1 2007 2
Year-end audits 3 2
Audit-related services 1
Tax advisory services 3 3
7 5
Fee expense for KPMG Europe LLP
Fee expense for KPMG Treuhand-Gesellschaft Aktiengesellschaft Wirtschaftsprüfungsgesellschaft
2008 2007
Employees 95,699 97,922
Apprentices and students gaining work experience 6,034 6,480
Average number of employees 101,733 104,402
18
For information regarding the number of employees at the
year-end, reference is made to pages   in the Group
Management Report.
The fee expense recognised in the financial year  for
the auditors of the Group Financial Statements, KPMG AG
Wirtschaftsprüfungsgesellschaft and its affiliated entities,
pursuant to   no.  HGB amounted to euro  million
(: euro  million) and consists of the following:
The item “Year-end audits” includes fees for the audit of
annual financial statements of BMW AG, the audit of the
Group Financial Statements and the audit of the annual
financial statements of subsidiaries in Germany, the United
Kingdom, Switzerland and Spain.