Annual report 2012 - Comrod

Annual report 2012 74/92Strategies and values | Group | Parent company | Corporate governance | ContactFinancial statement Notes Auditors reportNote 8 - Payroll and number of employees(NOK)Payroll costs 2012 2011Salaries/fees 4 091 609 6 120 476Employers contribution 118 356 791 284Bonus/profit-sharing 160 000 127 994Pension expense, defined-benefit plans -16 054 -35 356Other contributions and social security costs 787 175 319Total 4 354 698 7 179 717Number of employees in the Company at year end 1 1Number of average employees in the Company 1 1There are no costs associated with pensions because the company has no employees.Remuneration of the Board and the Management:NOKBoard fees/ ElectionExecutive managementconsultantfeescommiteefees SalaryBonuspaidBenefitsin kindTotal compensationOle Gunnar Fjelde, Group President and CEO* 2 028 074 2 028 074Kari Duestad, CFO 1 150 210 150 000 225 343 1 525 553Steinar Omdahl, CCO 1 240 065 1 240 065Board of Directors 0Sturla Sand 0 0Merete Haugli 150 000 6 667 156 667John Steinar Kvitvang 172 800 18 333 191 133Merete Alnes Mostue 50 000 50 000Alf C. Thorkildsen 50 000 10 000 60 000Tore Fjell 5 000 5 000Morten Bjørnsen 16 666 16 666Mariann V. Reite 100 000 100 000Rasmus Nordbø 100 000 100 000000Total compensation 1 862 865 56 666 3 178 284 150 000 225 343 5 473 15874