2007 - April

2.0
Notes to the consolidated financial statements at December 31 st 2007
Changes in premiums ceded, based on gross insurance company premiums before deducting commissions paid by insurance
companies to the Group’s brokerage companies, can be broken down as follows:
NET PREMIUMS (in thousand euros) DEC 31 st , 2007 DEC 31 st , 2006
Gross premiums acquired before deducting commissions paid back to the
Group’s brokerage companies
329,565 295,259
Premiums cede 91,509 95,084
TOTAL 238,056 200,175
5.5. Other purchases and external expenses
OTHER PURCHASES AND EXTERNAL EXPENSES (in thousand euros) DEC 31 st , 2007 DEC 31 st , 2006
Brokerage commissions paid to intermediaries 111,025 100,959
Postage and telephone 10,741 10,103
Rent 12,553 9,316
Advertising 8,946 7,479
External staff 5,911 5,423
General outsourcing and IT 4,606 3,313
External services and other 40,900 31,834
TOTAL 194,682 168,427
5.7. Change in value of goodwill
CHANGE IN VALUE
OF GOODWILL
(in thousand euros)
DEC 31 st ,
2007
DEC 31 st ,
2006
CUMULATIVE IMPAIRMENT
VALUE AT YEAR START
10,573 10,560
Increase in impairment 52
Impairment in value
recorded on acquisitions
-26
over the period
Write-back on impairment
in value for disposals
over the period
Change in foreign
currencies on impairment
2
Other changes -39
TOTAL IMPAIRMENT
AT YEAR-END
10,549 10,573
5.6. Personnel
5.8. Other operating income and expenses
PERSONNEL COSTS (in thousand euros) DEC 31 st , 2007 DEC 31 st , 2006
Salaries and wages 78,076 64,123
Payroll taxes 35,481 29,374
Profit-sharing 8,258 7,612
Share-based compensation 529 154
TOTAL 122,344 101,263
OTHER OPERATING
INCOME AND EXPENSES
(in thousand euros)
Capital gains and losses
on disposal of non-current
tangible or intangible assets
DEC 31 st ,
2007
DEC 31 st ,
2006
366 -175
Other -188 108
The Group headcount at December 31 st came to 2,446 in 2007, compared with 1,959 in 2006.
TOTAL 178 -67
125
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