We - KappAhl

Note 5 cont
Salaries, other remuneration and social security costs
SEK m
1 Sept 2008–31 Aug 2009 1 Sept 2007–31 Aug 2008
Salaries and
remuneration
Social security
costs
Salaries and
remuneration
Social security
costs
Parent Company 15.4 8.7 3.1 1.2
(of which pension costs) 2.0* 0.2
Subsidiaries 813.5 244.8 771.6 243.9
(of which pension costs) 46.4 47.8*
Group total 828.9 253.5 774.7 245.1
(of which pension costs) 48.4* 48.0*
* the Group’s pension costs include SEK 1.3 (1.2) million for the Board of Directors and the cEo. for a complete summary of remuneration and other benefits to the Board of Directors, cEo and
management team, please see note 18.
Salaries and other remuneration by country and between board members etc and other employees
SEK m Board and CEO
1 Sept 2008–31 Aug 2009 1 Sept 2007–31 Aug 2008
Other
employees Board and CEO
Other
employees
Parent Company
Sweden 5.4 10.0 1.8 1.3
(of which bonus etc.) – – – –
Total parent company 5.4 10.0 1.8 1.3
(of which bonus etc.) – – – –
Subsidiaries in Sweden 0.1 460.3 3.9 454.1
(of which bonus etc.) – 1.1 0.6 6.2
Foreign subsidiaries
norway 1.9 217.5 1.8 207.2
(of which bonus etc.) – – – 1.3
finland 1.9 89.5 1.9 68.6
(of which bonus etc.) – – – –
poland 0.7 22.6 1.0 18.0
(of which bonus etc.) – – – –
asia 2.0 17.0 1.6 13.5
(of which bonus etc.) – – – –
Total, subsidiaries 6.6 806.9 10.2 761.4
(of which bonus etc.) – 1.1 0.6 7.5
Group total 12.0 816.9 12.0 762.7
(of which bonus etc.) – 1.1 0.6 7.5
of the salaries and remuneration paid to other employees in the Group, SEK 10
(11) million is for senior executives other than the Board of Directors and cEo.
Severance pay
in the event of notice of termination from the employer, some senior executives
have contracts that guarantee them the right to retain their salaries in full for 6
months. retirement benefits are based on a general pension plan from 65 years
of age.
CEO’s conditions of employment
in the event of notice of termination from the employer, the cEo has a contract
guaranteeing the right to retain full salary for 6 months. retirement benefits are
based on a general pension plan from 60 years of age.
Sickness absence at KappAhl Holding AB
the parent company, Kappahl holding aB, had an average of 8 employees during
the period. there was no sickness absence from the company during the financial
year. the parent company had 3 employees in the previous financial year.
Other
for information on post-employment employee benefits and equity compensation
benefits, please see note 18.
54 financial information Kappahl 2008/2009