DHL 2010 Annual Report Download - page 218

 e remuneration of key management personnel of the
Group requiring disclosure under   comprises the remunera-
tion of the active members of the Board of Management and the
Supervisory Board.  e active members of the Board of Manage-
ment and the Supervisory Board were remunerated as follows:
Post-employment bene ts are recognised as the service cost
resulting from the pension provisions for active members of the
Board of Management.
 e share-based payment amount relates to the relevant
expense recognised for  nancial years  and . It is item-
ised in the following table:
Further details on the share-based payment granted to the
members of the Board of Management in  nancial years  and
 are presented in the following tables:
 m
2009 2010
Short-term employee benefi ts
(less share-based payment) 16 13
Post-employment benefi ts 2 2
Termination benefi ts 4 0
Share-based payment 2 2
Total 24 17
Share-based payment
thousands of  2009 2010
 s  s
Dr Frank Appel, Chairman 421 443
Ken Allen (since  February ) 177 295
Bruce Edwards 276 295
Jürgen Gerdes 280 295
Lawrence Rosen (since  September ) 177 295
Walter Scheurle 284 295
Hermann Ude 276 295
John Allan (until  June ) 101 –
Share-based payment 1,992 2,213
   
 
In addition to the consolidated subsidiaries, the Group
has direct and indirect relationships with a large number of
unconsolidated subsidiaries and associates deemed to be related
parties of the Group in the course of its ordinary business activi-
ties. As part of these activities, all transactions for the provision
of goods and services entered into with unconsolidated companies
were conducted on an arm’s length basis at standard market terms
and conditions. Transactions were conducted in  nancial year
 with major related parties, resulting in the following items in
the consolidated  nancial statements:
. Related party disclosures (individuals)
In accordance with  , the Group also reports on trans-
actions between the Group and related parties or members of their
families. Related parties are de ned as the Board of Management,
Supervisory Board, second-level executives and the members of
their families.
 ere were no reportable transactions between members
of the Board of Management and their families and the Group
in  nan cial year . In one case, a member of the Supervisory
Board was involved in legal transactions with Deutsche Post .
 is primarily involved services rendered in a volume of   mil-
lion.  ere were no legal transactions between second-level execu-
tives or members of their families and Deutsche Post DHL.
 m
2009 2010
Receivables 25 30
Loans 15 13
Receivables from in-house banking 3 0
Financial liabilities –46 –47
Liabilities –10 –20
Liabilities from in-house banking –3 –4
Share-based payment for Board of Management members in 
number Dr Frank
Appel Ken Allen
Bruce
Edwards Jürgen Gerdes
Lawrence
Rosen
Walter
Scheurle Hermann Ude
 s
Outstanding  s as at  January  925,000 370,896 523,562 618,706 240,000 690,000 523,562
 s granted 375,000 250,000 250,000 250,000 250,000 250,000 250,000
 s lapsed 220,000 43,938 53,562 148,706 0 220,000 53,562
 s exercised 0000000
Outstanding  s as at  December  1,080,000 576,958 720,000 720,000 490,000 720,000 720,000
Exercisable  s as at  December  0000000
Weighted average settlement price in  Not exercised
Weighted average exercise price in  Not exercised
Weighted average term to maturity in years 2.21 2.63 2.21 2.21 3.01 2.21 2.21
Deutsche Post DHL Annual Report 
204