Mercedes 2013 Annual Report Download - page 222

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The pre-tax effects of share-based payment arrangements
for the executive managers of the Group and the members
of the Board of Management of Daimler AG on the consolidated
statement of income and consolidated statement of financial
position are presented in table  F.50.
Table  F.51 includes expenses in the consolidated statement
of income resulting from rights of current members of the
Board of Management who were active as of December 31, 2013.
The details shown in table  F.51 do not represent any paid or
committed remuneration, but refer to expenses calculated
according to IFRS. Details of the remuneration of the members
of the Board of Management in 2013 can be found in the
Remuneration Report. E Management Report from page 119
Performance Phantom Share Plans. In 2013, the Group
adopted a Performance Phantom Share Plan (PPSP), similar
to that used from 2005 to 2012, under which eligible employees
are granted phantom shares entitling them to receive cash
payments after four years. The amount of cash paid to eligible
employees is based on the number of vested phantom shares
(determined over a three-year performance period) multiplied
by the quoted price of Daimler’s ordinary shares (calculated
as an average price over a specified period at the end of the four-
year plan period). The vesting period is therefore four years.
For the plans granted as of 2009, the quoted price of Daimler’s
ordinary shares to be used for the payout is limited to 2.5
times the Daimler share price at the date of grant. For the plans
granted as of the beginning of 2012, the payout for the mem-
bers of the Board of Management is limited to 2.5 times the allot-
ment value, used for the preliminary number of phantom shares.
Effects of share-based payment
Remuneration Provision
expense at December 31,
2013 2012 2013 2012
In millions of euros
PPSP -250 -121 344 214
SOP -2 -1 ––
Medium-term component of annual bonus
of the members of the Board of Management
-7
-4
11
10
-259 -126 355 224
F.50
Expenses in the consolidated statement of income resulting from share-based payments of current members of the Board of Management
Dr. Dieter Zetsche Dr. Wolfgang Bernhard Dr. Christine Hohmann-Dennhardt Wilfried Porth
2013 2012 2013 2012 2013 2012 2013 2012
In millions of euros
PPSP -10.9 -5.8 -4.2 -1.7 -2.5 -0.8 -4.4 -2.2
SOP -1.6 -0.8 ––––––
Medium-term component
of the annual bonus
-1.9
-1.2
-0.6
-0.4
-0.6
-0.5
-0.7
-0.4
Andreas Renschler Hubertus Troska Bodo Uebber Prof. Dr. Thomas Weber
2013 2012 2013 2012 2013 2012 2013 2012
In millions of euros
PPSP -4.9 -2.6 -2.2 -0.9 -5.2 -2.8 -4.6 -2.4
SOP ––––––-0.1 -0.3
Medium-term component
of the annual bonus
-0.7
-0.5
-0.6
.
-0.8
-0.6
-0.7
-0.4
F. 51