Annual Report 2006 ISS Global A/S

NOTES TO THE FINANCIAL STATEMENTS OF THE PARENT COMPANY
1 January - 31 December. Amounts in DKK millions
15. Related party transactions
The sole shareholder of ISS Global A/S, ISS A/S has controlling influence in ISS Global A/S. The ultimate controlling company of
ISS Global A/S is FS Invest S.à.r.l. ("FS Invest"), which is 54% owned by funds advised by EQT Partners and 44% owned by
Goldman Sachs Capital Partners.
Members of the Board of Directors and Managing Directors
Apart from remuneration as described in note 2, Staff Costs, note 3, Share-based payments and the incentive programmes
described below there were no significant transactions with members of the Board of Directors or Managing Directors during the
year.
Incentive Programmes
The Principal Shareholders have offered a management participation programme, under which the Managing Directors, the current
Board of Directors and a number of senior officers of ISS Global were offered to make an investment. The programme is structured
as a combination of direct and indirect investments in a mix of shares and warrants of FS Invest, ISS Global A/S's ultimate parent,
amounting to DKK 176 million in total. Furthermore, as described in note 3, Share-based payments, certain officers were granted a
total of 784,272 warrants in FS Invest. The management participation programme was rolled out in July 2006 and from the outset
138 eligible officers participated in the programme.
Non-executive members of the former Board of Directors (except representatives of the Principal Shareholders) have been offered
to participate in a directors participation programme, under which they have invested in a mix of shares and warrants of FS Invest
amounting to approximately DKK 6 million in total. In addition they have co-invested with the Principal Shareholders for
approximately DKK 17.6 million in total.
ISS Global A/S' Board of Directors' and Managing Directors' external directorships and external executive positions
Board of Directors Board Member Executive Position
Jørgen Lindegaard Telenor ASA and Efsen Engineering A/S None
Flemming Schandorff None None
Jeff Gravenhorst None
None
Managing Directors
Flemming Schandorff None None
Bjørn Raasten None None
Christian Kofoed Jakobsen None None
Affiliates
In 2006, ISS Global A/S had the following transactions with affiliates. All transactions were made on market terms.
ISS Global A/S received/paid interest from/to affiliates, see note 6, Net finance costs.
ISS Global A/S paid/received joint taxation contribution equal to 28% of taxable income to/from FS Equity A/S (the ultimate parent
company in Denmark), see note 7, Taxes.
ISS Global A/S has receivables from affiliates and debt to affiliates, see note 10, Financial assets and liabilities.
ISS Global A/S received dividends from affiliates, see note 9, Non-current assets.
ISS Global A/S paid dividends to ISS A/S.
Apart from the above there were no other material transactions with related parties and shareholder during the year.
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