Porsche 2011 Annual Report Download - page 232

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[27] Remuneration of the supervisory board and the executive board
The total remuneration of members of Porsche SE’s executive board amounted to €2.3 million in fiscal
year 2011 (prior year: €0.9 million). It comprises the remuneration paid by Porsche SE. The members of
Porsche SE’s executive board receive a fixed basic salary only.
The total remuneration of the supervisory board for fiscal year 2011 amounts to €1.0 million (prior
year: €0.6 million). The remuneration consists of short-term benefits only.
There are no further obligations towards members of the supervisory board or the executive board.
The individualized remuneration of the members of the executive board and supervisory board is
presented in the remuneration report as part of the management report.
[28] Auditor’s fees
The auditor’s fees charged by the auditor Ernst & Young GmbH, Stuttgart, for the fiscal year in accordance with
Sec. 314 (1) No. 9 HGB break down as follows:
The tax advisory services contain services for the prior year of €537 thousand.
The increase in auditor’s fees are mostly attributable to services rendered in connection with the
planned creation of the integrated automotive group between Porsche and Volkswagen.
EUR000 2011 SFY 2010
Audit of financial statements 250 345
Other assurance services 3,525 0
Tax advisory services 2,264 1,000
Other services 1,095 787
7,134 2,132
232 FINANCIALS