Part of the consolidated financial statements as of 31 December 2005, which were audited by KPMG Deutsche Treuhand AG.

As of December 31, 2005, we employed a total of 63,427 staff members as compared to 65,417 as of December 31, 2004. We calculate our employee figures on a full-time equivalent basis, meaning we include proportionate numbers of part-time employees.

The following table shows our numbers of full-time equivalent employees as of December 31, 2005, and 2004.

 
Employees1 Dec 31, 2005 Dec 31, 2004
Germany 26,336 27,093
Europe (outside Germany)2 18,444 19,538
Asia-Pacific 7,169 6,458
North America3 11,134 11,954
South America 345 374
Total employees 63,427 65,417
1 Full-time equivalent employees.
2 Includes a small number of employees in Africa.
3 Primarily the United States.

The number of our employees decreased by 1,990 to 63,427 during the year. In the course of implementing the global BRP, we completed approximately 5,900 employee departures and notifications as of December 31, 2005 out of the announced 6,400. This reduction was offset by some of our growth initiatives in other parts of our businesses.

The proportion of employees working in Germany as a percentage of our total staff remained essentially the same at 41.5%.