2020 Financial Statements
2. Notes to the IFRS Consolidated Financial Statements / 2.6 Employees Costs and Benefits 2 2.6 Employees Costs and Benefits 29. Number of Employees Airbus Airbus Helicopters Airbus Defence and Space Consolidated Airbus 31 December 2020 78,487 20,026 32,836 131,349 31 December 2019 80,985 20,024 33,922 134,931 30. Personnel Expenses (In € million) 2020 2019 Wages, salaries and social contributions 11,799 13,347 Net periodic pension cost (1) 749 626 Total 12,548 13,973 (1) See “– Note 32: Post-Employment Benefits”. 31. Personnel-Related Provisions Several German companies provide life-time working account models, being employee benefit plans with a promised return on contributions or notional contributions that qualify as other long-term employee benefits under IAS 19. The employees’ periodical contributions into their life-time working accounts result in corresponding personnel expenses in that period, recognised in other personnel charges . The increase in Restructuring measures/ pre-retirement part-time work is mainly due to the restructuring provision recorded in 2020 in response to the COVID-19 pandemic. For more details, see “– Note 2: Impact of the COVID-19 pandemic”. (In € million) Balance at 1 January 2020 Exchange differences Increase from passage of time Additions Reclassification/ Change in consolidated group Used Released Balance at 31 December 2020 Restructuring measures / pre-retirement part-time work 266 (1) 0 1,196 (13) (178) (7) 1,263 Other personnel charges 717 (2) 1 311 2 (305) (82) 642 Total 983 (3) 1 1,507 (11) (483) (89) 1,905 32. Post-Employment Benefits (In € million) 31 December 2020 2019 Provisions for retirement plans 8,790 7,286 Provisions for deferred compensation 1,190 1,067 Retirement plans and similar obligations 9,980 8,353 47 Airbus / Financial Statements 2020
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