_386 2023 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN 5 FINANCIAL PERFORMANCE 2023 consolidated financial statements Note 7. EMPLOYEE BENEFIT COSTS Employee benefit costs are allocated by function to the appropriate expense headings in the income statement: (in € millions) 2023 2022 Wages and salaries (5,939) (5,545) Payroll taxes (1,098) (1,027) Defined benefit plan costs (note 27.1) (78) (105) Defined contribution plan costs (note 27.2) (256) (253) Share-based payments – current service cost (note 25) (30) (20) EMPLOYEE BENEFIT COSTS (1) (7,401) (6,950) (1) Of which €7,397 million recognized in “Segment operating income” (note 6) and €4 million in “Other operating income and expenses” (note 9). The average number of employees on payroll in 2023 was 132,276 (2022: 128,287). Note 8. SEGMENT OTHER INCOME AND EXPENSES Segment other income and expenses are recognized in the income statement as follows: (in € millions) 2023 2022 Share-based payments – current service cost (note 28.1) (30) (20) Employee share ownership plan cost (note 28.2) - (21) Other income/(expenses) (44) 15 SEGMENT OTHER INCOME AND EXPENSES (74) (26) Note 9. OTHER OPERATING INCOME AND EXPENSES Other operating income and expenses are detailed in the table below: (in € millions) 2023 2022 Amortization of acquired trademarks and customer relationships (note 9.1) (91) (78) Reorganization and adaptation of activities (note 9.2) (522) (73) Impairment of non-current assets (note 9.3) (272) (36) Employee benefit obligations (note 9.4) (4) (12) Other (note 9.5) (31) (176) OTHER OPERATING INCOME AND EXPENSES (920) (375) 9.1 Amortization of acquired trademarks and customer relationships Amortization of intangible assets recognized in the course of a business combination amounted to €91 million in 2023 (2022: €78 million): ● €39 million related to amortization of brands or trademarks (2022: €27 million); ● €52 million related to amortization of customer relationships (2022: €51 million).
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