2011 - 7.1 MB 2011 Annual Report
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Don Quixote Note:  Net Salaries as a % of taxation increased to 77.8% in 2011. (From 63.6% in 2006). Gross Salaries as a % of taxation increased to 87.90% in 2011 from 70.44  .(Illustrated in 2 tables taken from the Annual Reports over the last 5-6 years below ).   The purpose of analysis over  a period of time is to show the trend and to determine the sustainability of our existing system.

Net Salaries as % of Taxation Analysis

Gross Salaries as % of Taxation.

(In 2011 Allowances (taxable car allowances etc)  were included in the Gross Earnings Column for the first time. Previously they were included in a separate column. The table has been adjusted in prior years to include them as presented in 2011 so the comparison would remain valid. Remember it is the trend that is important.