Saab 2011 Annual Report Download - page 120

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NOTE 38
PROVISIONS
Group
MSEK 31-12-2011 31-12-2010
Provisions that are long-term liabilities
Obligations related to regional aircraft 1,119 1,199
Expenditures for restructuring measures 89 290
Loss contracts 245 401
Other 275 317
Total 1,728 2,207
Provisions that are current liabilities
Obligations related to regional aircraft 12 102
Expenditures for restructuring measures 115 254
Loss contracts 160 97
Other 459 339
Total 746 792
Parent Company
MSEK 31-12-2011 31-12-2010
Obligations related to regional aircraft 320 451
Expenditures, for restructuring measures 78 248
Loss contracts 358 490
Other 278 276
Total 1,034 1,465
Obligations related to regional aircraft
MSEK Group Parent Company
Opening balance, 1 January 2011 1,301 451
Amount utilised during the year -190 -131
Translation differences and other 20 -
Closing balance, 31 December 2011 1,131 320
Expenditures for restructuring measures
MSEK Group Parent Company
Opening balance, 1 January 2011 544 248
Provisions allocated during the year 76 50
Amount utilised during the year -316 -197
Reversal of unutilised amount -83 -5
Reclassification -17 -18
Closing balance, 31 December 2011 204 78
Loss contracts
MSEK Group Parent Company
Opening balance, 1 January 2011 498 490
Provisions allocated during the year 182 142
Amount utilised during the year -301 -293
Reversal of unutilised amount -34 -21
Reclassification 52 40
Translation differences and other 7 -
Closing balance, 31 December 2011 404 358
Summary of compensation and other benefits during 2010
SEK
Base salary/
Board and
Committee fee
Variable
compen sation Other benefits Pension cost Total
Provisions 2010 for
long-term variable
compensation at
estimated outcome
Chairman of the Board
Marcus Wallenberg 1,180 000---1,180,000 -
Deputy Chairman
Sten Jakobsson 425,000---425,000 -
Other Board members1)
Åke Svensson ---- - -
Erik Belfrage 425,000---425,000 -
Johan Forssell 525,000---525,000 -
George Rose ---- -
Per-Arne Sandström 575,000---575,000 -
Cecilia Stegö Chilò 425,000---425,000 -
Lena Treschow Torell 560,000 - - - 560,000 -
Joakim Westh 525,000---525,000 -
President and CEO Åke Svensson 5,933,537 1,123,200 15,178 1,626,631 8,698,546 -
President and CEO Håkan Buskhe 2,927,140 - 31,326 1,391,089 4,349,555 14,237
Other senior executives 34,534,548 2,661,160 684,594 14,076,215 51,956,517 1,210,056
Total 48,035,225 3,784,360 731,098 17,093,935 69,644,618 1,224,293
1) Excluding consultant’s fee paid to Board member.
NOTE 37 CONT.
FINANCIAL INFORMATION > NOTES
116 SAAB ANNUAL REPORT 2011