Page 135 - ENAV eng_Relazione_Finanziaria_Annuale_2014

Notes to the Consolidated Financial Statements of the Enav Group 133

Social security contributions increased by ¤1,751 thousand as the result
of a higher income base, while other costs decreased by ¤1,962 thousand
due to a reduction of approximately ¤1 million in voluntary redundancy
costs, which affected 28 persons (30 in 2013), and a cost saving of ¤894
thousand regardingthe insurance cover for employees and an executive
due to the renewal of the convention.

The following table provides a summary of the Group’s workforce analyzed
by employee category:

Executives 31.12.2014 31.12.2013 Change
Middle managers
White-collar workers 80 87 (7)
Total at 31 December 399 386 13
3,707 3,725 (18)
4,186 4,198 (12)

26. Capitalization of internal work

Capitalized costs for internal work amounted to ¤24,660 thousand in
the year ended 31 December 2014 (¤28,129 thousandin the year ended
31 December 2013) representing a decrease of ¤3,469 thousandover
the previous year. These relate to the capitalization of personnel costs
incurred for the work performed on investment projects in progress and
the internal production of investment projects relating to the applications
enhancement of air traffic control systems and the modernization of a
number of Italian airports.