E_mg_GB_03_vorne-29_3_04

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Number of employees
The number of employees (excluding trainees) on the basis of full-time equivalents was as follows at
December 31, 2003:
Annual Average 1/1/2003 1/1/2002
Continued operations
Wage earners 13,889 14,661
Salaried employees 15,410 15,953
Discontinued operations
29,299 30,614
Wage earners 524 661
Salaried employees 1,295 1,402
1,819 2,063
Total 31,118 32,677
Balance Sheet Date 12/31/2003 12/31/2002
Continued operations
Wage earners 13,761 14,159
Salaried employees 15,428 15,662
Discontinued operations
29,189 29,821
Wage earners 467 617
Salaried employees 1,179 1,374
1,646 1,991
Total 30,835 31,812
The total number of employees in the mg Group contains an average of 379 directors in 2003
(prior year: 396). At the balance sheet date there were 377 directors (prior year: 390).
These figures do not contain the average of 5 (prior year: 6) directors of mg technologies ag
or the 4 (prior year: 6) at the balance sheet date.
Total emoluments of the active Executive Board members of mg technologies ag amounted to
a5.535 million (prior year: a2.265 million) and, in addition to a fixed amount of a3.688 million
(prior year: a1.092 million), contained a variable bonus of a1.847 million (prior year: a1.173 million).
Former Executive Board members or their surviving dependents received a23.849 million (prior year:
a1.105 million). Pension commitments to former Executive Board members or their surviving dependents
totaled a47.268 million (prior year: a41.568 million). These commitments are fully provided for.
In 2003, the Executive Board subscribed for 80,000 option rights (2003/2006) of mg technologies ag.
These options are subscribed for only once per calendar year. This corresponds to 80,000 shares. For
further information on the terms and conditions of these options, please refer to the note 8) ‘Shareholders’
equity’.