Aer Lingus 2014 Annual Report Download - page 110

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108
11 Finance income and expense
2014
2013
€'000
€'000
Finance income
Interest on cash, cash equivalents and deposits
7,124
6,944
Interest income on loans and receivables
1,532
1,902
Amortisation of available-for-sale-reserve
134
161
Unwinding of discounting on non-current prepayments
1,144
1,830
9,934
10,837
Finance expense
Interest expense on finance lease obligations
12,235
13,442
Net interest expense on post employment benefit obligations
1,139
1,159
Unwinding of discounting of provisions
292
473
Miscellaneous
20
1
13,686
15,075
12 Employee benefits
The average number of persons (Full Time Equivalents) employed by the Group in the year was 3,766 (2013: 3,615) analysed as follows:
2014
2013
Operations and administration
3,715
3,567
Sales and marketing
51
48
3,766
3,615
The associated payroll costs of these persons were as follows:
2014
2013
€'000
€'000
Wages and salaries
253,050
230,746
Social welfare costs
22,916
21,447
Pension costs (Note 26, 27)
22,719
21,941
Share based payments (Note 33)
1,951
3,219
300,636
277,353
Termination benefits paid or payable to staff who left the Group during the year or who were committed to leave at year end are disclosed
within Note 10.
13 Income Tax
Income tax (credit)/charge recognised in the Income Statement
2014
2013
€'000
€'000
Current taxation
Withholding taxes deducted at source
25
18
Foreign taxes paid
41
19
66
37
Deferred tax
Origination and reversal of temporary differences
(15,776)
5,433
Total income tax (credit)/charge
(15,710)
5,470