Chrysler 2013 Annual Report Download - page 289

288 Fiat S.p.A.
Statutory Financial
Statements
at 31 December 2013
Notes
Other revenues and income from Group companies and other related parties primarily consisted of cost charge-backs, rental income on real
estate and directors’ fees received from Group companies in relation to Fiat S.p.A. employees serving as board members.
Other revenues and income from third parties relate to miscellaneous income, cost charge-backs and other prior year income.
5. Personnel costs
Personnel costs consisted of the following:
(€ thousand) 2013 2012
Wages and salaries 23,829 20,223
Defined contribution plans and social security contributions 9,543 8,166
Leaving entitlement and other defined benefit plans 827 655
Other personnel costs 4,484 6,962
Total Personnel costs 38,683 36,006
The average number of employees increased to 236 from 219 in 2012. Headcount increased by 13 following the acquisition from
Fiat Services S.p.A., on 1 January 2013, of the unit that provides corporate services to Fiat S.p.A. and Group companies. As described
in Note 4, certain of the Company’s managers carried out their activities at the Group’s principal subsidiaries and the related costs were
charged back to those companies.
The costs associated with defined contribution plans consisted of amounts paid by the Company to the Italian state social security organization
(INPS) and other social security and assistance organizations for post-employment defined contribution plans (pension and healthcare) on
behalf of employees in all categories. Following the introduction of Law 296/06, leaving entitlements in Italy (trattamento di fine rapporto)
accrued from 1 January 2007 and paid in to supplementary pension funds or the fund established by INPS are recognized under “Defined
contribution plans and social security contributions”, while adjustments to the provision for leaving entitlement accrued before 1 January 2007
are recognized under “Leaving entitlement and other defined benefit plans” (see also Note 19).
Social security contributions represent amounts paid by the Company to social security and insurance agencies in relation to short-term
benefits for situations such as illness, injury and compulsory maternity leave.
Other personnel costs related mainly to accruals for variable compensation, leaving incentives and insurance.
For 2013, compensation to executives with strategic responsibilities was €10,459 thousand (€9,252 thousand of which was charged back
to the Group companies where they carried out their activities). The total cost for the year includes provisions for leaving entitlements accrued
during the year, as well as company contributions to state and company defined contribution schemes and other social security contributions
totaling €3,055 thousand.