ADT 2011 Annual Report Download - page 306

TYCO INTERNATIONAL LTD.
NOTES TO THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2011
(Continued)
14. SUPPLEMENTAL DISCLOSURES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
a) Personnel Cost for Consolidated Tyco International
Personnel expense reflected in the Company’s Consolidated Statement of Operations was
approximately $5,824 million and $5,489 million for 2011 and 2010, respectively. The Company
considers personnel expense to be salaries and wages, bonus and other compensation and fringe
benefits.
b) Fire Insurance Value of Property, Plant and Equipment
The Company’s fire insurance value of its property, plant and equipment was approximately
$4,219 million as of September 30, 2011 and $5,455 million as of September 24, 2010.
c) Summary of Risk Assessment Performed by Management
See Note 11 of the accompanying Swiss standalone statutory financial statements for the risk
assessment performed by management.
d) Remuneration of the Board of Directors and Executive Board
See Note 12 of the accompanying Swiss standalone statutory financial statements for remuneration
of the Board of Directors and Executive Board.
15. SUBSEQUENT EVENTS
Consistent with its annual equity compensation practices, on October 12, 2011 the Company
granted Tyco employees 3.4 million share options with a weighted-average grant-date fair value of
$12.45 per share at the date of grant. Additionally, the Company granted 1.1 million and 0.5 million
restricted stock units and performance share units with a weighted-average grant-date fair value of
$44.32 and $48.86 per share on the date of grant, respectively.
Through October 18, 2011, the Company repurchased approximately 5 million common shares for
$200 million under the $1 billion share repurchase program approved by the Board of Directors in
April 2011.
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