DANONE Consolidated financial statements 2019 31
Note 8. Number of employees, personnel costs
and employee benefits
Note 8.1. Number of employees at fully consolidated companies
Number of employees as of December 31 and breakdown by Reporting Entity and geographical area
As of December 31
2018
2019
Total number of employees
105,783
102,449
By geographical area
Europe and North America
31%
31%
North America
7%
6%
Europe
24%
25%
Rest of the World
69%
69%
Asia, Pacific and Middle East
21%
21%
China
8%
8%
CIS
9%
9%
Africa
8%
8%
Latin America
23%
23%
Total
100%
100%
By Reporting Entity
EDP
42%
41%
Specialized Nutrition
20%
21%
Waters
35%
35%
Corporate functions
3%
3%
Total
100%
100%
Note 8.2. Personnel costs of fully consolidated companies
Year ended December 31
(in € millions)
2018
2019
Salaries and social security charges
(a)
(3,668)
(3,917)
Retirement obligations
– defined benefit plans
(b)
(38)
(37)
Expenses relating to Group performance shares
(24)
(28)
(a) Salaries after social security charges. Also comprises the contributions in respect of defined contribution retirement plans.
(b) Service cost.
Note 8.3. Retirement commitments, retirement indemnities and personal protection
General principles
The Group contributes to employee retirement benefit plans in accordance with the laws and usual practices of countries in which its
subsidiaries operate. The Group has no actuarial liability in respect of contributions paid under such plans to private or state sponsored
pension funds. The Group also has contractual obligations for supplementary retirement plans, severance pay, retirement indemnities
and personal protection plans. The related actuarial commitments are taken into account either through the payment of contributions to
independently-managed funds responsible for their service and the fund administration, or through provisions.
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