2012 ANNUAL REPORT - page 325

325
Employee indemnity liability
This is detailed as follows:
Other information
Other information relating to employee indemnity liability is as follows:
Contributions and payments for employee benefit obligations (employee indemnity liability) are estimated at Euro 208 thousand
for 2013.
The average headcount in the period is reported below, compared with the closing headcounts at the end of each period:
2012
Average
%
Closing
%
Blue collar
36
11%
37
11%
White collar and management
278
89%
287
89%
Total
314
100%
324
100%
2011
Average
%
Closing
%
Blue collar
35
12%
34
12%
White collar and management
253
88%
260
88%
Total
288
100%
294
100%
(in thousands of Euro)
2012
2011
Opening balance
3,975
3,746
Current service cost
200
171
Interest cost
182
182
Actuarial (gains)/losses recognised in equity
522
27
Staff transfer
522
35
Utilisations
(372)
(186)
Total movements
1,054
229
Closing balance
5,029
3,975
31 December 2012
31 December 2011
Discount rate
2.75%
4.75%
Future expected salary increase
2.00%
2.00%
Inflation rate
2.00%
2.00%
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