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4. Personnel expenses

EUR 1,000

2017 2016





Wages and salaries

-8,047 -11,396
Pension expenses

-920 -1,268
Other personnel expenses

-687 -1,431
Personnel expenses total

-9,655 -14,094










Average number of employees during the period

2017 2016




,
Management and administration

18 27
Other personnel

61 80
Total average number of employees

79 107










Salaries, fees, remunerations and pensions to the management
1 000 € Salaries,
fees, remunerations
2017
Obligatory pension expenses 2017 Salaries,
fees, remunerations
2016
Obligatory pension expenses
2016





Padma Ravichander, CEO as from 18 April 2016 -413
-479
Ilkka Raiskinen, CEO until 17 April 2016

-428 -12





Members of the Board of Directors:
Harri Koponen, Chairman of the Board -63 -16 -57 -10
Pentti Heikkinen, Vice Chairman -39 -10 -36 -7
Matti Jaakola, member of the Board -31 -8 -30 -6
Christer Sumelius -31
-30
Pirjo Pakkanen, as from 9 May 2016 to 3 June 2017 -22 -6 -13 -3
Yhteensä -599 -39 -1,072 -37





The pension benefits of the members of Board of Directors are determined by the Finnish Employees Pensions Act (Tyel). The members of Board of Directors have no additional pension arrangements.


The CEO has a CEO contract, which is made according to Finnish law. The CEO is responsible for tax and other compulsory payments.