Edisun Power Europe Ltd. Corporate Governance Report 2010 ...

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68 Statutory Financial Statements 9 Risk Policy Edisun Power Europe Ltd. has established a yearly process evaluating in detail all relevant strategic and operational risks for the entire Group. All identified risks are qualified and quantified (according to their realization probability and impact). This risk overview is neutral as to the annual discussion process within the Group's Board of Directors and Audit Committee. The permanent observation and control of the risks is a management objective. For identified risks that arise from accounting and financial reporting a risk assessment is performed. Throughout the Internal Control System framework on financial reporting relevant control measures are defined to reduce financial risk. Remaining risks are categorized depending on their possible impact (low, average or high) and appropriately monitored.
Management Board Mirjana Blume CEO 1) Markus Kohler CTO (since April 2010) Marc Ledergerber CFO (08.2009 – 05.2010) Robert Kröni Former CEO 2) Financial year Fixed fee Incentive Expenses Statutory Financial Statements 10 Remuneration of Members of the Board of Directors and Management Board (in CHF) Board of Directors Heinrich Bruhin Chairman 1) Pius Hüsser Member 2) Peter Toggweiler Vice-Chairman Dominique Fässler Member Georg Fankhauser Member (until 2010) Giuseppina Togni Member (until 2010) Christian Androschin Member (until 2010) 1) Former Vice-Chairman, appointed Chairman in August 2010 2) Former Chairman until August 2010 1) Former CFO, appointed as CEO in March 2009 2) Incentive 2009 IPO CHF 27 000 / termination payment CHF 100 000 Financial year Fixed fee Social benefits (employer’s contribution) Social benefits (employer’s contribution) Total cash compensation 2010 31 500 1 906 33 406 2009 22 500 1 361 23 861 2010 40 000 0 40 000 2009 73 000 0 73 000 2010 22 667 0 22 667 2009 20 000 0 20 000 2010 23 500 0 23 500 2009 15 000 0 15 000 2010 0 0 0 2009 23 750 0 23 750 2010 7 500 0 7 500 2009 23 750 1 436 25 186 2010 10 333 0 10 333 2009 15 000 0 15 000 Total compensation 2010 227 400 20 000 5 400 27 397 280 197 2009 218 420 0 5 400 21 452 245 272 2010 101 255 0 3 600 11 974 116 829 2009 - 0 0 0 0 2010 94 667 0 1 042 10 570 106 279 2009 94 658 0 937 10 678 106 273 2010 0 0 0 0 0 2009 39 511 127 000 4 576 15 994 187 081 69
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Edisun Power Europe Ltd. Corporate
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Content Corporate Governance Report
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Significant Shareholders as of Dece
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Non-listed companies Edisun Power L
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Shareholder structure The following
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Shares and participation certificat
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Pius Hüsser, Member of the Board b
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and effectiveness of the external a
Page 17 and 18: 6 Management Board The Management B
Page 19 and 20: The following table shows the compe
Page 21 and 22: 8 Shareholders’ participation rig
Page 23 and 24: 10 Information Policy The Edisun Po
Page 25 and 26: Consolidated Balance Sheet Consolid
Page 27 and 28: Consolidated Cash Flow Statement No
Page 29 and 30: Notes to the Consolidated Financial
Page 31 and 32: All amounts are in 000 CHF if not o
Page 60 and 61: 60 Consolidated Financial Statement
Page 62 and 63: 62 Statutory Financial Statements S
Page 64 and 65: 64 Statutory Financial Statements S
Page 66 and 67: 66 Statutory Financial Statements 3
Page 70: 70 Compensation (in CHF) Total comp
Page 73 and 74: Financial Statements 73
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