ANNUAL REPORT 2010/11 - Schumag AG

18 Group management reportPension commitments to members of the Board ofExecutive Directors as of September 30, 2011amount to EUR 203,891.00 (previous year EUR 0.00)according to IFRS.Payments to former members of the Board ofExecutive Directors or their survivors amounted toEUR 929,973.02 (previous year EUR 628,993.76).Pension commitments to former members of theBoard of Executive Directors and their survivorsamount to EUR 7,881,102.00 (previous year EUR8,935,850.00) according to IFRS.According to § 14 of the Articles each member of theSupervisory Board is entitled to a compensation ofEUR 7,158.09 per fiscal year which is payable upontermination of the fiscal year. The chairman receivestwice this amount, his deputy 1.5 times the amount.The compensation is granted in proportion to theterm of office of the respective member of theSupervisory Board. In addition, the members of theSupervisory Board are entitled to reimbursement ofexpenses incurred in connection with the exercise oftheir office.The remuneration of the Supervisory Board is shownin the overview below:2010/11 2009/10Out-of-pocketOut-of-pocketCompensation expenses Total Compensation expenses TotalEUREUREUR EUREUREURHeinz-Peter Heinen 0.00 615.60 615.60 6,144.03 7,098.10 13,242.13Frank Jokisch 7,158.09 0.00 7,158.09 994.18 0.00 994.18Peter Koschel 14,316.18 58,878.45 73,194.63 11,234.23 62,896.11 74,130.34Ralf Marbaise 10,737.14 1,076.03 11,813.17 7,655.18 1,255.44 8,910.62Jürgen Milion 7,158.09 1,076.03 8,234.12 7,158.09 299.33 7,457.42Peter Münch 4,434.04 0.00 4,434.04 994.18 0.00 994.18Dr. Frank Nikolaus 0.00 0.00 0.00 6,163.91 500.00 6,663.91Dr. Johannes Ohlinger 0.00 0.00 0.00 12,288.05 3,550.79 15,838.84Alexander von Ungern-Sternberg 4,772.06 1,375.29 6,147.35 994.18 0.00 994.1848,575.60 63,021.40 111,597.00 53,626.03 75,599.77 129,225.80The members of the Supervisory Board and of theBoard of Executive Directors are listed in Note 27of the Annex.