| (in € millions) | Note | 2022 | 2021 | |
|---|---|---|---|---|
| Wages and other employment-related expense | Wages and other employment-related expense I |
Wages and other employment-related expense Note
|
Wages and other employment-related expense 2022 (14,711) |
Wages and other employment-related expense 2021 (12,245) |
| of which wages and salaries | of which wages and salaries
|
of which wages and salaries Note
|
of which wages and salaries 2022 (11,360) |
of which wages and salaries 2021 (9,330) |
| of which employer social contributions | of which employer social contributions
|
of which employer social contributions Note
|
of which employer social contributions 2022 (2,660) |
of which employer social contributions 2021 (2,268) |
| of which contributions to defined contribution plans | of which contributions to defined contribution plans
|
of which contributions to defined contribution plans Note 29.1 |
of which contributions to defined contribution plans 2022 (691) |
of which contributions to defined contribution plans 2021 (647) |
| Profit-sharing and incentive plans | Profit-sharing and incentive plans II |
Profit-sharing and incentive plans Note
|
Profit-sharing and incentive plans 2022 (268) |
Profit-sharing and incentive plans 2021 (243) |
| Total | Total I+II |
Total Note
|
Total 2022 (14,979) |
Total 2021 (12,488) |
The Group’s average headcount was 265,303 on a full-time equivalent basis in 2022. This represents an increase relative to 2021, caused in particular by the integration of Cobra IS.
| 2022 | 2021 | |
|---|---|---|
| Average number of employees (in full-time equivalent) | Average number of employees (in full-time equivalent)2022265,303 | Average number of employees (in full-time equivalent) 2021 218,569 |
| of which managers | of which managers202247,699 | of which managers 2021 44,413 |
| of which other employees | of which other employees2022217,604 | of which other employees 2021 174,155 |
| (in € millions) | 2022 | 2021 |
|---|---|---|
| Net gains or losses on disposal of intangible assets and property, plant and equipment | Net gains or losses on disposal of intangible assets and property, plant and equipment 202235 |
Net gains or losses on disposal of intangible assets and property, plant and equipment 2021 25 |
| Share in operating income or loss of joint operations | Share in operating income or loss of joint operations 202219 |
Share in operating income or loss of joint operations 2021 24 |
| Other | Other 202245 |
Other 2021 18 |
| Total | Total202299 | Total 2021 67 |
Depreciation and amortisation break down as follows:
| (in € millions) | 2022 | 2021 |
|---|---|---|
| Concession intangible assets | Concession intangible assets 2022(1,432) |
Concession intangible assets 2021 (1,348) |
| Other intangible assets | Other intangible assets 2022(239) |
Other intangible assets 2021 (85) |
| Property, plant and equipment | Property, plant and equipment 2022(1,943) |
Property, plant and equipment 2021 (1,786) |
| Depreciation and amortisation | Depreciation and amortisation2022(3,613) | Depreciation and amortisation 2021 (3,219) |
In 2022, amortisation of other intangible assets included €128 million relating to intangible assets identified when allocating the Cobra IS purchase price (brands, backlog and customer relationships).
Depreciation of property, plant and equipment included €623 million in 2022 relating to right-of-use assets under leases (€605 million in 2021).
The cost of net financial debt comprises:
The cost of net financial debt amounted to €614 million in 2022, down €44 million compared with 2021 (€658 million).
This improvement was mainly due to increases in the value of derivatives, particularly inflation-linked swaps relating to London Gatwick airport, and to higher returns from invested cash. Those positive effects were partly offset by the impact of higher interest rates on floating rate debt in the fourth quarter and of companies entering the consolidation scope.
The cost of net financial debt can be analysed as follows:
| (in € millions) | 2022 | 2021 |
|---|---|---|
| Financial liabilities at amortised cost | Financial liabilities at amortised cost 2022(791) |
Financial liabilities at amortised cost 2021 (724) |
| Financial assets and liabilities at fair value through profit or loss | Financial assets and liabilities at fair value through profit or loss 2022120 |
Financial assets and liabilities at fair value through profit or loss 2021 1 |
| Derivatives designated as hedges: assets and liabilities | Derivatives designated as hedges: assets and liabilities 202257 |
Derivatives designated as hedges: assets and liabilities 2021 140 |
| Derivatives at fair value through profit or loss: assets and liabilities | Derivatives at fair value through profit or loss: assets and liabilities 2022– |
Derivatives at fair value through profit or loss: assets and liabilities 2021 (75) |
| Total cost of net financial debt | Total cost of net financial debt2022(614) | Total cost of net financial debt 2021 (658) |
