(7) Personnel expenses/number of employees
Personnel expenses increased from € 26,208 thsd to € 28,947 thsd. The increase is primarily due to general salary increases, additional personnel and the acquisitions of ZSH GmbH & Co KG and the TPC-Group.
At March 31, 2009, the operating segments had the following numbers of employees in the strategic fields of business:
| March 31, 2009 | March 31, 2008 | |||
|---|---|---|---|---|
| of which part-time employees |
of which part-time employees |
|||
| Financial services | 1,803 | 418 | 1,688 | 446 |
| Feri | 265 | 62 | 249 | 57 |
| Holding | 11 | 1 | 12 | 1 |
| Total | 2,079 | 481 | 1,949 | 504 |
The increase of the numbers of employees in the financial services segment is caused by the acquisition of the ZSH GmbH & Co KG (61 employees).