Vetoquinol - Universal Registration Document - 2021

CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements 80 Vetoquinol Universal Registration Document 2020 Financial report 6 6.5.10 Other purchases and external expenses €000 2019 2018 General subcontracting 11,071 9,001 Lease and rental payments (*) 1,571 1,656 Maintenance 5,078 4,655 Insurance 1,374 1,004 Analyses and research 3,111 2,577 Third-party staff 1,825 1,726 Fees and commissions paid to intermediaries 21,703 19,689 Advertising, publications, public relations 15,352 14,210 Freight and collective transportation of staff 8,849 8,051 Business travel and entertainment 6,049 12,548 Postage and telecommunications 1,612 1,738 Royalties on concessions, patents, licenses, trademarks, etc. 1,817 1,563 Other external services 2,749 2,284 Miscellaneous 654 740 TOTAL 82,818 81,442 (*) In 2020, €5,039,000 (€4,938,000 in 2019) was deducted from leases in line with the IFRS 16 restatement (commercial, vehicle and hardware leases). The remai- ning balance corresponds to short-term leases excluded from the scope of IFRS 16. IFRS 16 establishes a single model for lessee recognition of leases, whereby a right-of-use asset is recognized under assets and a lease liability under liabilities. On the income statement, the lessee recognizes depreciation and interest charges. 6.5.11 Staff costs €000 2019 2018 Wages and salaries 97,568 90,323 Social security charges (*) 30,290 29,115 Severance pay 1,159 2,312 Provisions for employee benefits (Note 6.5.32) 894 1,002 Employee long-term benefits – actuarial gains and losses recognized to P/L 144 67 Expenses on grants of stock options - - Expenses on grants of bonus shares 115 - TOTAL EMPLOYEE BENEFITS 130,170 122,818 (*) The cost of defined contribution pension plans is included in total social security charges.