Audi 2012 Annual Report Download - page 262

265
Consolidated Financial
Statements
202 Income Statement
203 Statement of Recognized
Income and Expense
204 Balance Sheet
205 Cash Flow Statement
206 Statement of Changes in Equity
Notes to the Consolidated
Financial Statements
208 Development of fixed assets
in the 2012 fiscal year
210 Development of fixed assets
in the 2011 fiscal year
212 General information
218 Recognition and
measurement principles
227 Notes to the Income Statement
233 Notes to the Balance Sheet
244 Additional disclosures
266 Events occurring subsequent to
the balance sheet date
267 Statement of Interests
held by the Audi Group
2011 fiscal years. In 2013 it will be based on performance in the fiscal years from 2010 to
2012. Then, from 2014 onward, the preceding four years will be used as a basis in each case.
Under certain circumstances, members of the Board of Management are entitled to retirement
benefits and a disability pension. In the 2012 fiscal year, EUR 12,057 (6,090) thousand was
allocated to the provisions for pensions for current members of the Board of Management.
As at December 31, 2012, the provisions for pensions totaled EUR 19,615 (16,161) thousand.
Other long-term benefits for this group totaled EUR 4 (0) thousand.
Former members of the Board of Management and their dependents received
EUR 12,207 (2,987) thousand. This included payments resulting from termination of office of
EUR 10,258 (1,367) thousand, with regard to which obligations of EUR 7,821 (537) thousand
remained as of the balance sheet date. The provisions for pensions for this group of individuals
amount to EUR 51,458 (31,843) thousand.
The members of the Board of Management and details of their seats on other supervisory boards
and regulatory bodies – as defined in Section 285, Sentence 1, No. 10 of the German Commercial
Code (HGB) and Section 125, Para. 1, Sentence 3 of the German Stock Corporation Act (AktG) –
are listed in the Notes to the Annual Financial Report of AUDI AG.
The basic features of the remuneration paid to members of the Supervisory Board are stipulated
in Section 16 of the Articles of Incorporation and Bylaws. The total short-term remuneration
comprises fixed and variable components. The level of the variable remuneration components is
based on the compensatory payment made for the 2012 fiscal year in accordance with the appli-
cable provision in the Articles of Incorporation and Bylaws. The total remuneration paid to the
Supervisory Board of AUDI AG, pursuant to Section 285, No. 9a of the German Commercial Code
(HGB), was EUR 1,050 (973) thousand, of which EUR 222 (202) thousand related to fixed com-
ponents and EUR 828 (771) thousand to variable components.
EXPENSES FOR REMUNERATION OF THE SUPERVISORY BOARD
EUR Fixed Variable Total 2012
Prof. Dr. Dr. h. c. mult. Martin Winterkorn –––
Berthold Huber 1) 21,000 84,000 105,000
Dr. rer. pol. h. c. Bruno Adelt (until May 9, 2012) 3,725 13,510 17,235
Senator h. c. Helmut Aurenz 12,000 42,000 54,000
Heinz Eyer 1) 12,000 42,000 54,000
Dr. rer. pol. h. c. Francisco Javier Garcia Sanz –––
Dr. phil. Christine Hawighorst (May 10, 2012 onwards) 7,275 28,490 35,765
Johann Horn 1) 12,000 42,000 54,000
Peter Kössler 12,000 42,000 54,000
Peter Mosch 1) 16,500 63,000 79,500
Wolfgang Müller 1) 11,500 42,000 53,500
Prof. Dr. rer. pol. Horst Neumann –––
Dr.-Ing. Franz-Josef Paefgen (until May 9, 2012) 4,225 22,743 26,968
Hon.-Prof. Dr. techn. h. c. Dipl.-Ing. ETH Ferdinand K. Piëch 16,500 63,000 79,500
Dr. jur. Hans Michel Piëch 12,000 42,000 54,000
Dipl.-Wirtsch.-Ing. Hans Dieter Pötsch –––
Dr. jur. Ferdinand Oliver Porsche 16,500 63,000 79,500
Dr. rer. comm. Wolfgang Porsche (May 10, 2012 onwards) 7,275 28,490 35,765
Norbert Rank 1) 16,500 63,000 79,500
Jörg Schlagbauer 1) 16,500 63,000 79,500
Helmut Späth 1) 12,000 42,000 54,000
Max Wäcker 1) 12,000 42,000 54,000
Total 221,500 828,233 1,049,733
1) The employees’ elected representatives have stated that their remuneration as Supervisory Board members shall be paid to
the Hans Böckler Foundation, in accordance with the guidelines of the German Confederation of Trade Unions.
The actual payment of individual parts of the total remuneration will be made in the 2013 fiscal
year, pursuant to Section 16 of the Articles of Incorporation and Bylaws.