Mercedes 2015 Annual Report Download - page 120

B | COMBINED MANAGEMENT REPORT | REMUNERATION REPORT 127
For both of the share-based components – the second 50% of
the annual bonus and the PPSP with a long-term orientation – the
amounts actually paid out can deviate significantly from the
values described depending on the development of the Daimler
share price and the achievement of the relevant target param-
eters. Upward deviation is possible only as far as the maximum
limits described above. Both components can also be zero.
The remuneration of the Board of Management for the year 2015
amounts to €38.8 million (2014: €29.9 million). Of that total,
€9.1 million was fixed, that is, non-performance-related remuner-
ation (2014: €8.2 million), €17.4 million (2014: €11.6 million)
was short- and medium-term variable performance-related
remuneration (annual bonus with deferral), and €12.3 million
was variable performance-related remuneration granted in 2015
with a long-term incentive effect (2014: €10.1 million).

B.52
The granting of non-cash benefits in kind, primarily the
reimbursement of expenses for security precautions and the
provision of company cars, resulted in taxable benefits
for the members of the Board of Management in 2015 as
shown in table

B.53.
Board of Management remuneration in 2015
Base salary Short and medium-term variable
remuneration (annual bonus)
Short-term Medium-term
Long-term variable remuneration
(PPSP)
Number Value when granted
(2015: at share price €83.35)
(2014: at share price €66.83)
Total
In thousands of euros
Dr. Dieter Zetsche 2015
2014
2,008
2,008
2,289
1,727
2,289
1,727
37,092
43,424
3,092
2,902
9,678
8,364
Dr. Wolfgang Bernhard 2015
2014
824
779
939
670
939
670
16,564
18,380
1,381
1,228
4,083
3,347
Dr. Christine
Hohmann-Dennhardt
2015
2014
781
758
851
633
851
633
14,837
17,370
1,237
1,161
3,720
3,185
Ola Källenius 2015
2014
781 890 890 14,837 1,237 3,798
Wilfried Porth 2015
2014
781
758
890
652
890
652
15,512
18,159
1,293
1,1511
3,854
3,213
Andreas Renschler22015
2014
–
62
–
47
–
47
–
–
–
–
–
156
Hubertus Troska 2015
2014
781
758
890
652
890
652
14,837
17,370
1,237
1,161
3,798
3,223
Bodo Uebber 2015
2014
928
901
1,058
775
1,058
775
17,737
20,765
1,478
1,2983
4,522
3,749
Prof. Dr. Thomas Weber 2015
2014
781
758
890
652
890
652
15,754
18,444
1,313
1,233
3,874
3,295
Total 2015
2014
7,665
6,782
8,697
5,808
8,697
5,808
147,170
153,912
12,268
10,134
37,327
28,532
1 PPSP 2014 taking into account board remuneration of €62,707.
2 Board of Management remuneration paid until January 28, 2014.
3 PPSP 2014 taking into account board remuneration of €89,391.
B.52
Taxable non-cash benefits and other fringe benefits
2015 2014
In thousands of euros
Dr. Dieter Zetsche 148 163
Dr. Wolfgang Bernhard 90 163
Dr. Christine Hohmann-Dennhardt 97 94
Ola Källenius 189 –
Wilfried Porth 107 93
Andreas Renschler1–8
Hubertus Troska2 493 431
Bodo Uebber 188 332
Prof. Dr. Thomas Weber 127 121
Total 1,439 1,405
1 Board of Management remuneration paid until January 28, 2014.
2 For the fulfillment of disclosure obligations pursuant to Section 285 No. 9a
of the German Commercial Code (HGB), this amount is reduced by €170,820
for the year 2015 (2014: €139,000). The corresponding fringe benefits
were granted and borne by a subsidiary and are thus not included in the
amounts to be disclosed in the annual financial statements of the parent
company, Daimler AG.
B.53