ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
notes<br />
05 Fuel and energy<br />
Business performance IFRS<br />
DKK million <strong>2011</strong> 2010 <strong>2011</strong> 2010<br />
Natural gas (17,540) (17,850) (17,540) (17,850)<br />
Electricity (5,466) (5,023) (5,466) (5,023)<br />
Coal (2,000) (1,982) (2,000) (1,982)<br />
Biomass (1,256) (1,343) (1,256) (1,343)<br />
Oil (220) (320) (220) (320)<br />
Transportation costs, etc. (3,320) (3,609) (3,320) (3,609)<br />
Economic hedging (32) (208) 157 (364)<br />
Hedge accounting - - 41 128<br />
Costs associated with construction<br />
contracts (223) - (223) -<br />
Other cost of sales (1,548) (1,073) (1,548) (1,073)<br />
fuel and energy (31,605) (31,408) (31,375) (31,436)<br />
06 Staff costs<br />
DKK million <strong>2011</strong> 2010<br />
Wages, salaries and remuneration (3,669) (3,246)<br />
Pensions (312) (295)<br />
Other social security costs (83) (66)<br />
Other staff costs (39) (36)<br />
staff costs before transfer to assets (4,103) (3,643)<br />
Transfer to assets 510 697<br />
staff costs (3,593) (2,946)<br />
The Group’s pension plans are primarily defi ned contribution<br />
plans that do not commit <strong>DONG</strong> <strong>Energy</strong> beyond the amounts<br />
contributed. The defi ned benefi t plans relate to obligations to<br />
pay a defi ned benefi t to a few power station employees that<br />
are no longer with the company and to public servants taken<br />
78 82 COnsOliDatED finanCial statEmEnts – <strong>DONG</strong> ENERGY GROUP <strong>ANNUAL</strong> <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>REPORT</strong> <strong>2011</strong><br />
<strong>2011</strong><br />
over from municipally owned regional companies. In <strong>2011</strong>,<br />
these obligations amounted to DKK 15 million (2010: DKK 22<br />
million). The average number of employees in <strong>DONG</strong> <strong>Energy</strong> in<br />
<strong>2011</strong> was 5,966 (2010: 5,800 employees).