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Payroll costs, share based payments and management incentive schemes (Tables)
 12 Months Ended
Dec. 31, 2021
Employee Benefits And Share-Based Payments [Abstract]  
Disclosure of Employee Information
The average number of persons employed by the Company (excluding non-Executive Directors) is analyzed and set out below:
Year ended December 31, 2021Year ended December 31, 2020Year ended December 31, 2019
Production3,310 3,043 3,308 
Administration, distribution & sales2,193 1,647 1,448 
Total number of employees5,503 4,690 4,756 
Disclosure of Employee Benefit Expense
The table below discloses the Company’s aggregate payroll costs of these persons. Payroll costs exclude long term management incentive scheme and share based payment costs, but includes bonus costs.
Year ended December 31, 2021Year ended December 31, 2020Year ended December 31, 2019
€m€m€m
Wages and salaries266.4 276.4 250.4 
Social security costs56.1 49.2 45.2 
Other pension costs18.1 14.6 13.0 
Total payroll costs340.6 340.2 308.6 
Disclosure of number and weighted average exercise prices of share options management team (the “Management Share Awards”) as of the following four award dates:
 January 1, 2016 AwardJanuary 1, 2017 AwardJanuary 1, 2018 AwardJanuary 1, 2019 AwardJanuary 1, 2020 AwardJanuary 1, 2021 AwardTotal
Number of awards outstanding at January 1, 20211,041,953 819,873 446,575 159,561 710,438 — 3,178,400 
New awards granted in the period— — — — — 820,202 820,202 
Awards vested and issued in the period(1,041,953)(819,873)— — — — (1,861,826)
Forfeitures in the period— — (14,785)(6,866)(65,345)(32,925)(119,921)
Number of awards outstanding at December 31, 2021— — 431,790 152,695 645,093 787,277 2,016,855 
Inputs and assumptions underlying the Monte Carlo Model
January 1, 2018 awardJanuary 1, 2019 awardJanuary 1, 2020 awardJanuary 1, 2021 award
Grant date price$16.72 $20.15 $22.37 $25.42 
Exercise price$— $— $— $— 
Expected life of restricted share
1.50 - 4.00 years
4.00 years3.00 years3.00 years
Expected volatility of the share price22.7 %24.0 %24.4 %30.0 %
Dividend yield expected— %— %— %— %
Risk free rate2.55 %1.33 %1.70 %0.24 %
Employee exit rate14.0 %14.0 %27.3 %14.0 %
EBITDA Performance Target Condition35.0 %35.0 %35.0 %35.0 %