01 Gothaer Konzern_E_09_Umschl - Gothaer Allgemeine ...

Consolidated Financial Statements
Other information
Personnel expenses
Number of employees (average for the year)
Remuneration of members of the Supervisory Board and Management
Disclosure pursuant
to section 314(1)
No. 6 of the German
Commercial Code (HGB)
Disclosures pursuant
to IAS 24.16
Breakdown by type of expense €million
Wages and salaries 279.4 271.6
Social security contributions and employee benefits 45.9 46.1
Expenses for employees’ pensions 15.4 13.9
Total 340.7 331.6
Breakdown by group of employee
2009 2008
2009 2008
In house 4,281 4,402
Field 679 695
4,960 5,097
Apprentices 191 193
Employees of joint-venture undertakings 199 176
Total 5,350 5,466
In the financial year Management received remuneration in the amount of €5.0 million
(PY: €4.1 million). Retirement and survivors’ benefits for former members of Management
came to €2.1 million (PY: €2.1 million). Further accruals in the amount of €21.3 million
(PY: €21.1 million) exist for current pensions and pension entitlements for this group of
individuals.
Remuneration paid to the Supervisory Board came to €0.7 million (PY: €0.7 million).
Remuneration paid to members of the Advisory Board came to €0.2 million (PY: €0.3
million). No amount were paid to former members of the Supervisory Board and the
Advisory Board or deferred.
Loans in the amount of €0.2 million (PY: €0.3 million) were granted to members of
Management and the Supervisory Board in the financial year. The interest rate was 2.5 %
or 3.5 % and the remaining term 4 or 6 years.
Key management personnel, i.e. Management of Gothaer Finanzholding, received remuneration
in the amount of €5.0 million (PY: €5.5 million) in the financial year.
Provisions in the amount of €11.1 million (PY: €5.9 million) were established for pension
benefits to be paid to this group of individuals upon termination of the employment
relationship.
190 Gothaer Group Annual Report 2009