LensCrafters 2015 Annual Report Download - page 226

Notes to the separate financial statements as of December 31, 2015 Page 46 of 77
• Euro 1,252,407 for photocopier and printer rental.
The increase in these costs compared with the previous year is due to higher royalties and related expenses paid for
trademarks under license as a result of the growth in sales.
31. AMORTIZATION AND DEPRECIATION
Amortization of intangible assets and depreciation of property, plant and equipment have been calculated on the basis of
useful life of the assets concerned, also taking account of how they are used in the business.
"Amortization, depreciation and impairment" primarily consists of Euro 8,131,355 in amortization of the OPSM
trademarks and Euro 13,148,819 in amortization of the house brands, detailed as follows:
• Euro 13,099,670 for the RayBan - Revo - Arnette trademarks;
• Euro 33,987 for the Persol - Sferoflex - Luxottica - Vogue trademarks;
• Euro 6,859 for the Killer Loop trademark;
• Euro 8,303 for other trademarks.
Information about the depreciation of property, plant and equipment can be found in Note 10.
32. PERSONNEL COSTS
2015 2014 Change
169,032,853 156,089,034 12,943,819
Details of these costs are provided below.
"Non-cash stock-based compensation" reflects the cost for the year of stock options granted to the Company's top
management.
Description 2015 2014 Change
Wages and salaries 105,711,545 102,690,229 3,021,316
Non-cash stock-based compensation 24,226,842 13,416,589 10,810,253
Social security contributions 25,524,544 27,940,014 (2,415,470)
Employee benefits 7,527,057 6,870,888 656,169
Other personnel costs 6,042,865 5,171,314 871,551
Total 169,032,853 156,089,034 12,943,819
33. OTHER OPERATING EXPENSES
2015 2014 Change
16,978,955 10,829,965 6,148,990
These expenses consist of consumable materials and other expenses not included in any of the previous categories.