Drucken GB - MME moviement
Drucken GB - MME moviement
Drucken GB - MME moviement
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92<br />
CONSOLIDATED ACCOUNTS | NOTES<br />
The following business relations pursuant to IAS 24 existed in financial years 2004<br />
and 2003:<br />
2004 2003<br />
in EUR 000’s in EUR 000’s<br />
Personnel expenses for Management Board<br />
- fixed emoluments 675 315<br />
- variable emoluments 456 62<br />
Expenses arising from consultancy agreements 467 237<br />
Statutory Supervisory Board emoluments 100 78<br />
1.698 692<br />
Interest paid on granted loans 39 42<br />
Other accounts receivable 30 21<br />
Other accounts payable 36 25<br />
Other accounts receivable are interest on loans not yet paid. Other accounts payable<br />
are Supervisory Board emoluments that have yet to be paid.<br />
During the financial year, loans totalling EUR 716,000 were granted to one member<br />
of the Management Board and one member of the Supervisory Board. The loans bore<br />
interest of 6 % and were repaid as agreed during the year under review.
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