Audited by PwC

Note 3 - Employee costs

2008 2007
    DKK million  DKK million  
Wages and salaries 1,865  1,723 
Pensions - defined contribution plans 126  154 
Pensions - defined benefit plans
Other social security costs 116  137 
Other employee costs 115  107 
Stock-based payment   42  20   
Employee costs, total 2,269  2,147 
Recognized in the income statement under the following items:
Cost of goods sold 873  876 
Sales and distribution costs 428  403 
Research and development costs 576  523 
Administrative costs   386  371   
2,263  2,173 
Recognized in the assets as:
Change in employee costs recognized in inventories   (26)  
Employee costs, total 2,269  2,147 
Geographical distribution:
Denmark 1,378  1,291 
Rest of Europe, Middle East, and Africa 189  229 
North America 432  385 
Asia Pacific 210  186 
Latin America   60  56   
Employee costs, total 2,269  2,147 
Average number of employees in the Group 4,993  4,684 
Number of employees outside Denmark as a percentage of total number of employees 54% 55%
Reference is made to Note 43 concerning geographical distribution of employees.