25. Employee Payables

31 December 2011 31 December 2010
Salaries and wages payable 333,421 272,408
Unused vacation provision 321,724 241,914
Annual bonus provision 291,268 312,945
946,413 827,267

Provision for annual bonuses includes bonuses and other similar payments accrued (including compulsory social security contributions) based on employees’ performance.

Return to Notes to the Consolidated Financial Statements for the year ended 31 December 2011