DHL 2014 Annual Report Download - page 217

e active members of the Board of Management and the
Super visory Board were remunerated as follows:
 m
2013 2014
Short-term employee benefits
(excluding share-based payment) 14 17
Post-employment benefits 3 3
Termination benefits 0 1
Share-based payment 47 30
Total 64 51
As well as the aforementioned benets for their work on the Super-
visory Board, the employee representatives who are on the Super-
visory Board and employed by the Group also receive their normal
salaries for their work in the company. ese salaries are deter-
mined at levels that are commensurate with the salary appropriate
for the function or work performed in the company.
Post-employment benets are recognised as the service cost
resulting from the pension provisions for active members of the
Board of Management. e corresponding liability amounted to
 million as at the reporting date (previous year:  million).
e share-based payment amount relates to the relevant ex-
pense recognised for nancial years  and . It is itemised
in the following table:
Share-based payment
Thousands of  2013
 s
2014
 s
Dr Frank Appel, Chairman 12,894 6,331
Ken Allen 7,322 3,280
Roger Crook 3,460 2,577
Bruce Edwards 1 7,610 6,722
Jürgen Gerdes 7,428 3,523
John Gilbert 2 – 60
Melanie Kreis 3 – –
Lawrence Rosen 7,311 3,304
Angela Titzrath 4 1,183 4,071
Share-based payment 47,208 29,868
1 Until  March .
2 Since  March .
3 Since  October .
4 Until  July .
. Remuneration disclosures in accordance with the 
   
e total remuneration paid to the active members of the Board
of Management in nancial year  including the components
with a long-term incentive eect totalled . million (previous
year: . million). Of this amount, . million (previous year:
. million) is attributable to non-performance-related compo-
nents (annual base salary and fringe benets), . million (previ-
ous year: . million) to performance-related components (vari-
able components) and . million (previous year: . million) to
components with a long-term incentive eect ( s. e number
of  s was ,, (previous year: ,,).
      
e remuneration of former members of the Board of Management
or their surviving dependants amounted to . million in the year
under review (previous year: . million). e dened benet ob-
ligation  for current pensions calculated under  s was
 million (previous year:  million). e increase was mainly
due to a signicant reduction in the  discount rate compared
with the previous year as well as an increase in the number of
retirees whose pension benets fell due; no additional obligations
were incurred as a result. Without these extraordinary items in the
amount of . million, the dened benet obligation would have
decreased by around  million to around  million compared
with the previous year.
    
e total remuneration of the Supervisory Board in nancial year
 amounted to around . million (previous year: . million,
plus a variable amount for  to be paid in ); . million of
this amount was attributable to a xed component (previous year:
. million), . million to attendance allowances (previous year:
. million), and . million to the variable remuneration for
 (previous year:  million as the conditions for payment had
not been met). Of the variable remuneration for ,  thou-
sand was attributable to one Supervisory Board member who has
meanwhile le the company, and the remaining  thousand to
active Supervisory Board members.
Further information on the itemised remuneration of the Board of
Management and the Supervisory Board can be found in the Cor-
porate Governance Report. e remuneration report contained in
the Corporate Governance Report also forms part of the Group
Management Report.
     
  
As at  December , shares held by the Board of Management
and the Supervisory Board of Deutsche Post  amounted to less
than   of the company’s share capital.
 
e transactions of Board of Management and Supervisory Board
members involving securities of the company and notied to
Deutsche Post  in accordance with section  a of the Wert-
papierhandelsgesetz (WpHG – German Securities Trading Act)
can be viewed on the company’s website at www.dpdhl.com/en/
investors.html.
Deutsche Post  Group —  Annual Report
211
Consolidated Financial Statements — NOTES — Other disclosures