Annual report - HSE

Costs of goods, materials and services (19)
The cost of merchandise sold, which accounts for 99% of all operating expenses, comprises
expenses from electricity purchasing, expenses for purchase of emission coupons for
trading, contingent costs of electricity purchase and negative net effect of exchange
differences. The value includes also the negative result arising from collateralisation of
electricity purchases through futures contracts.
Among the costs of materials, the most important values are represented by costs of fuel,
office materials and technical literature.
The most important values in costs of services are represented by the costs of intellectual
services, costs of maintenance of software and computer equipment, costs of sponsorship
and advertising, and costs of banking guarantees.
Costs of goods, materials and services 2012 2011
Cost of goods sold 1,807,947,665 1,245,037,346
Contingent costs of goods sold 53,524,452 41,247,845
Total cost of goods sold 1,861,472,117 1,286,285,191
Total costs of material 259,732 213,105
Total costs of services 5,938,977 6,060,369
Costs of goods, materials and services 1,867,670,826 1,292,558,665
Costs of auditor 2012 2011
Audit of annual reports* 23,940 25,270
Other non-audit services 0 4,800
Total costs of auditor 23,940 30,070
in €
in €
*Contractual value for the year
Labour costs (20)
Costs of labour comprise costs of salaries and other receipts by employees, including
employer’s contributions. The costs of compensations for unutilised leaves (which can be
utilised until 30 June 2013) in 2012 are also charged.
By the end of 2012, the company did not receive any claims by employees for payments
on the basis of legal provisions, the collective labour agreement or the company’s Articles
of Association.
Average number of employees by education levels is disclosed in the business part of this
Annual Report.
Labour costs 2012 2011
Salaries 6,834,693 6,570,563
in €
Annual Report HSE 2012
4 Financial Report of the company HSE
144
Pension insurance costs 871,801 838,709
Other insurance costs 506,078 490,457
Other labour costs 562,356 651,353
Total labour costs 8,774,928 8,551,082