Personnel Expenses Personnel expenses consist of the following items: 2014 2015 Wages and salaries 319,710 367,119 Social security contributions 55,991 66,827 Expenses for pensions and other post-retirement benefits 14,546 19,247 390,247 453,193 Personnel expenses include expenses for employee incentive plans (see note 22). In 2015 and 2014, € 9.6 million and € 4.8 million relate to the compensation plan for key members of the management, “ALTANA Equity Performance (AEP)”, and € 1.5 million and € 1.2 million to the compensation plan for employees, “ALTANA Profit Participation”. Restructuring expenses (see note 8) include severance compensation of € 10.1 million. Personnel expenses were incurred for the following average number of employees: 2014 2015 Number of employees by division BYK Additives & Instruments 1,868 1,956 ECKART Effect Pigments 1,839 1,835 ELANTAS Electrical Insulation 956 970 ACTEGA Coatings & Sealants 1,047 1,259 Holding 80 89 5,790 6,109 Amortization, Depreciation and Impairment Loss Amortization, depreciation and impairment charges for intangible assets and property, plant and equipment are as follows: 2014 2015 Amortization of intangible assets 50,426 50,540 Depreciation of property, plant and equipment 69,276 77,550 Impairment loss on intangible assets 6,758 2,685 Impairment loss on property, plant and equipment 3,242 8,860 129,702 139,635 102 Notes to Consolidated Financial Statements 12. Other Information on the Income Statement
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