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(30) Personnel expenses

The breakdown of personnel expenses is as follows:

Personnel expenses
     
€ million 2011 2012
     
Wages and salaries 985 1,097
Social security contributions 174 193
Retirement benefit expenses 77 92
Social assistance benefits 8 10
  1,244 1,392
 

The increase compared with the previous year is principally due to an increase in the number of employees, salary rises and acquisitions made in 2012. Personnel expenses do not include the interest portion of personnel-related provisions, especially pension provisions, which is reflected in the financial result (see Note [27]).

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