Download - Ferrovial - Annual Report 2012

Consolidated financial statements at 31 December 2011
Ferrovial S.A. and Subsidiaries
2010 PERFORMANCE-RELATED
SHARE OPTION PLAN
Rafael del Pino y Calvo-Sotelo
Joaquín Ayuso García
Íñigo Meirás Amusco
Units
No. of voting
rights
% of voting
power
2010
Allocation 150,000 150,000 0.020%
2011
Allocation 132,000 132,000 0.018%
2010
Allocation 50,000 50,000 0.007%
2011
Allocation (-) (-) (-)
2010
Allocation 150,000 150,000 0.020%
2011
Allocation 132,000 132,000 0.018%
The main features of the performance-based share plan which resulted in the allocation of the units indicated to the
Executive Directors are described in Note 34.
33.6.- Remuneration of the members of the Board of Directors due to membership of other managing bodies of Group
companies or associates
The executive and non-executive directors of Ferrovial S.A., who are in turn members of the managing bodies of other Group
companies or associates, earned EUR 52.0 thousand in this respect in 2011 (EUR 51.5 thousand in 2010).
33.7.- Pension funds and plans or life insurance premiums
As in 2010, no contributions were made in 2011 to pension plans or funds for former or current members of the Company’s Board of
Directors. No such obligations were incurred during the year.
As regards life insurance premiums, the Company has insurance policies covering death, for which premiums totalled EUR 12.0
thousand in 2011 (EUR 14.8 thousand in 2010), of which the executive members are beneficiaries.
No contributions were made and no obligations were incurred in respect of pension funds or plans for the directors of Ferrovial, S.A.
who are members of other boards of directors and/or senior executives of Group companies or associates. No life insurance premiums
were paid in this regard. The situation has not changed since 2010.
33.8.- Advances and loans
At 31 December 2011, no advances or loans had been granted by the Company to the directors of the Company or to the members of
other boards of directors and/or senior executives of Group companies or associates.
33.9.- Remuneration of senior executives
The joint remuneration earned by the Company’s senior executives in 2011 was as follows:
(Thousands of Euros)
2011 2010
Fixed remuneration 4,305.6 3,917.8
Variable remuneration 4,508.3 4,087.6
Exercise of share options and/or other
financial instruments (Note 34)
573.7 (-)
Remuneration as members of managing
bodies of other Group companies, jointly
controlled entities or associates
Contributions to pension funds or plans, or
similar obligations
18.8 1
(-) (-)
Insurance premiums 15.0 20.9
No loans were granted to the senior executives.
The aforementioned remuneration corresponds to the following posts:
Ferrovial, S.A. Consolidated financial statements at 31 December 2011 91