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Notes to the Group’s Financial Statements

Select note 1–41

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• 1 Insurance premiums written
• 2 Net income from investments
• 3 Claims incurred
• 4 Change in liabilities for insurance and investment contracts
• 5 Staff costs
• 6 Other operating expenses
• 7 Result analysis of P&C insurance
• 8 Performance analysis per class of P&C insurance
• 9 Earnings per share
• 10 Financial assets and liabilities
• 11 Property, plant and equipment
• 12 Investment property
• 13 Intangible assets
• 14 Investments in associates
• 15 Financial assets
• 16 Fair values
• 17 Determination and hierarchy of fair values
• 18 Movements in level 3 financial instruments measured at fair value
• 19 Sensitivity analysis of level 3 financial instruments measured at fair value
• 20 Investments related to unit-linked insurance contracts
• 21 Deferred tax assets and liabilities
• 22 Taxes
• 23 Components of other comprehensive income
• 24 Tax effects relating to components of other comprehensive income
• 25 Other assets
• 26 Cash and cash equivalents
• 27 Liabilities from insurance and investment contracts
• 28 Liabilities from unit-linked insurance and investment contracts
• 29 Financial liabilities
• 30 Provisions
• 31 Employee benefits
• 32 Other liabilities
• 33 Contingent liabilities and commitments
• 34 Equity and reserves
• 35 Related party disclosures
• 36 Incentive schemes
• 37 Auditors' fees
• 38 Legal proceedings
• 39 Investments in subsidiaries
• 40 Investments in shares and participations other than subsidiaries and associates
• 41 Events after the balance sheet date

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5 Staff costs
P&C insurance
EURm				2014	2013
Staff costs
Wages and salaries				-374	-390
Cash-settled share-based payments				-18	-22
Pension costs
- defined contribution plans				-47	-51
- defined benefit plans (Note 31)				-24	-22
Other social security costs				-75	-79
P&C insurance, total				-537	-564
Life insurance
EURm				2014	2013
Staff costs
Wages and salaries				-33	-33
Cash-settled share-based payments				-4	-5
Pension costs - defined contribution plans				-5	-5
Other social security costs				-4	-3
Life insurance, total				-46	-46
Holding
EURm				2014	2013
Staff costs
Wages and salaries				-8	-8
Cash-settled share-based payments				-9	-12
Pension costs - defined contribution plans				-2	-3
Other social security costs				-0	-1
Holding, total				-20	-23
EURm				2014	2013
Group, total				-603	-634
More information on share-based payments in note 36 Incentive schemes.

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