Consolidated financial statement 2011 - Aquafin

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Consolidated financial statement 2011
Related Party Disclosures
In 2011, the following compensations were paid to managers
in key positions:
n
Executive Director
The total gross compensation that was invoiced over 2011
by Bamboss BVBA, whose Managing Director is the Executive
(Managing) Director of Aquafin, is composed as follows:
• basic compensation: € 384,415.30
• variable portion: € 139,620
• pension entitlement:
Not applicable
• other compensation components: € 1,895.95
n
Management committee
The total gross compensation that was paid to the members
of the Management Committee over 2011, with exception of
the Managing Director, amounts to:
• base salary: € 622,501
• variable portion: € 65,986
• pension entitlement: € 120,471
• other compensation components: € 127,220
He receives no compensation as a director within the Board
of Directors.
Specific explanation required as per the Companies Code
n The average employment by occupational category:
2011 2010
EMPLOYMENT BY CATEGORY
Directors 4.0 4.0
Office personnel 847.8 833.9
The consolidated financial statement for financial year 2011
comprises the following companies:
• Aquafin NV, Dijkstraat 8, 2630 Aartselaar, Belgium
• Aquaplus NV, Ingberthoeveweg 21, 2630 Aartselaar,
Belgium
TOTAL 851.8 837.9
Compensation granted to directors: See above
No advances or loans were provided to directors by the
Group or any of the companies of the Group.