Reebok 2014 Annual Report Download - page 248

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adidas Group
/
2014 Annual Report
Consolidated Financial Statements
244
2014
/
04.8
/
Notes
/
Notes – Additional Information
According to the definitions of IAS 24 ‘Related Party Disclosures’, the Supervisory Board and the Executive
Board of adidas AG were identified as related parties who solely received remuneration in connection with their
function as key management personnel. For information about the remuneration of the Supervisory Board and the
Executive Board of adidas AG
/
SEE NOTE 40
/
SEE COMPENSATION REPORT, P. 28.
In addition, adidas Pension Trust e.V., a registered association, is regarded as a related party. Based on a
Contractual Trust Arrangement, adidas Pension Trust e.V. manages the plan assets in the form of an administrative
trust to fund and protect part of the pension obligations of adidas AG
/
SEE NOTE 24. Employees, senior executives
and members of the Executive Board of adidas AG can be members of the registered association. adidas AG has
the right to claim a refund of pension payments from adidas Pension Trust e.V. under specific contractually agreed
conditions.
Employees
The average numbers of employees are as follows:
Employees
Year ending
Dec. 31, 2014
Year ending
Dec. 31, 2013
Own retail 30,785 26,130
Sales 4,095 4,521
Logistics 6,034 5,952
Marketing 3,999 3,800
Central administration 4,569 4,450
Production 1,499 1,601
Research and development 1,036 1,029
Information technology 1,108 1,035
Total 53,125 48,518
Accountant service fees for the auditor of the financial statements
The expenses for the audit fees comprise the expenses of adidas AG, Herzogenaurach, as well as all German
subsidiaries of adidas AG. In 2014, the expenses for the professional service fees of the auditor KPMG AG
amounted to € 1.0 million (2013: € 1.0 million).
Expenses for tax consultancy services provided by the auditor, for other confirmation services provided by the
auditor and for other services provided by the auditor amounted to € 0.1 million (2013: € 0.1 million), € 1.0 million
(2013: € 0.0 million) and € 0.3 million (2013: € 0.1 million), respectively.
Remuneration of the Supervisory Board and the Executive Board of adidas AG
Supervisory Board
Pursuant to the Articles of Association, the Supervisory Board members’ fixed annual payment amounted to
€ 0.9 million (2013: € 0.9 million).
Members of the Supervisory Board were not granted any loans in 2014.
Executive Board
In 2014, the overall compensation of the members of the Executive Board totalled € 5.9 million (2013: € 9.9 million),
€ 5.4 million thereof relates to short-term benefits (2013: € 5.6 million) and € 0.5 million to long-term benefits
(2013: € 4.3 million). Post-employment benefits (costs for accrued pension entitlements for members of the
Executive Board) totalled € 2.8 million (2013: € 0.9 million).
In 2014, former members of the Executive Board and their survivors received pension payments totalling
€ 3.5 million (2013: € 3.4 million).
39
Related party disclosures
40
Other information