Porsche 2005 Annual Report Download - page 158

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156
(32) Remuneration of Supervisory Board and the Executive Board
The remuneration of the Executive Board consists of basic salary and a variable component linked to
profit. The remuneration of the Executive Board for the fiscal year 2005/06 totaled EUR 45.2 million
(previous year: EUR 26.0 million). This figure includes profit-based components of EUR 40.1 million (previous
year: EUR 20.7 million). Dr. Ing. h.c. F. Porsche AG has recorded pension provisions of EUR 26.5 million
(previous year: EUR 27.7 million) for pension obligations to members of the Executive Board. The pension
obligations to former executive board members and their surviving dependants total EUR 21.1 million
(previous year: EUR 17.9 million). Benefit payments came to T€ 997 (previous year: T€ 973). The total
remuneration of the Supervisory Board for the fiscal year 2005/06 amounts to EUR 1.3 million (previous
year: EUR 1.0 million).
The pension provisions are disclosed in note 22 Pension Provisions and have been recorded in full in
accordance with the rulings of the corridor method pursuant to IAS 19. There are no further obligations
towards the Supervisory Board and Executive Board
(33) Auditor’s Fees
The auditor’s fees recognized in the fiscal year in accordance with § 314 Paragraph 1 No. 9 HGB for the
audit of the financial statements and the consolidated financial statements break down as follows:
July 31, 2006
T€
Audits of financial statements 680
Other assurance or valuation services 92
Tax advisory services 130
Other services 226
Total expenses 1,128