Annual Report 2006/2007 KGaA/Group - BVB Aktie - Borussia ...

Borussia Dortmund
COMPENSATION REPORT
The structure of the compensation system for management
is determined and regularly reviewed by the
Executive Committee of the Advisory Board. The
Executive Committee is also responsible for determining
the compensation of management in detail
and sets the appropriate amount of compensation.
The principal criteria for determining the appropriate
amount of compensation are the responsibilities of
the particular member of management, their personal
performance and the financial condition, success
and future prospects of Borussia Dortmund.
As well as annual payments not related to performance
and based on market rates at comparable companies,
the compensation includes a performancerelated
component that is based on consolidated
earnings before taxes. In addition, special payments
can be made on the basis of resolutions approved by
the Executive Committee of the Advisory Board.
The component not related to performance comprises
a fixed annual salary and benefits in kind,
mainly derived from the amounts required to be taken
into account in accordance with tax regulations
e.g. for the use of company cars.
The Supervisory Board's compensation is governed
by § 13 of the Articles of Association, pursuant to
which each member of the Supervisory Board
receives fixed compensation amounting to EUR 7
thousand; the Chairman receives twice that amount,
while the Deputy Chairman receives one and a half
times that amount. Value-added tax is reimbursed
to the members of the Supervisory Board.
DFB Cup
4 August 2007
1. FC Magdeburg 1:4 BVB
1 st Round
12 August 2007
BVB 1:3 MSV Duisburg
124
In overcoming Magdeburg, Tinga and
Co were not quite as in control as the
result suggests.
Sebastian Kehl in a tackle against the
Duisburg player, Manasseh Ishiaku.