DHL 2013 Annual Report Download - page 214

   ,
   
In addition to the consolidated subsidiaries, the Group has
direct and indirect relationships with unconsolidated companies,
associates and joint ventures deemed to be related parties of the
Group in the course of its ordinary business activities. As part of
these activities, all transactions for the provision of goods and ser-
vices 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 con-
solidated nancial statements:
 m
2012 2013
Receivables 7 5
from associates 1 1
from joint ventures 3 3
from unconsolidated companies 3 1
Loans 11 15
to associates 0 0
to joint ventures 0 0
to unconsolidated companies 11 15
Receivables from in-house banking 2 2
from associates 0 0
from joint ventures 2 2
from unconsolidated companies 0 0
Financial liabilities 93 83
to associates 2 0
to joint ventures 7 5
to unconsolidated companies 84 78
Liabilities 42 46
to associates 0 0
to joint ventures 35 43
to unconsolidated companies 7 3
Revenue 80 36
from associates 1 46 0
from joint ventures 33 35
from unconsolidated companies 1 1
Expenses 2 264 189
due to associates 1 66 0
due to joint ventures 176 167
due to unconsolidated companies 22 22
1 Revenue and expenses include Deutsche Postbank -related amounts up to and
including February .
2 Relate to materials expense and staff costs.
Deutsche Post  issued letters of commitment in the
amount of  million (previous year:  million) for these com-
panies. Of this amount,  million (previous year:  million)
was attributable to associates,  million (previous year:  mil-
lion) to joint ventures and  million (previous year:  million) to
unconsolidated companies.
. 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,
the Supervisory Board and the members of their families.
ere were no reportable transactions or legal transactions
involving related parties in nancial year .
e remuneration of key management personnel of the
Group requiring disclosure under   comprises the remuner-
ation of the active members of the Board of Management and the
Supervisory Board.
e active members of the Board of Management and the
Super visory Board were remunerated as follows:
 m
2012 2013
Short-term employee benefits
(excluding share-based payment) 15 14
Post-employment benefits 3 3
Termination benefits 0 0
Share-based payment 19 47
Total 37 64
As well as the aforementioned benets for their work on the
Supervisory Board, the employee representatives who are on the
Supervisory Board and employed by the Group also receive their
normal salaries for their work in the company. ese salaries are
determined at levels that are commensurate with the salary appro-
priate for the function or work performed in the company.
Post-employment benets are recognised as the service cost
resulting from the pension provisions for active members of the
Board of Management. e corresponding liability amounted to
 million as at the reporting date (previous year:  million).
e share-based payment amount relates to the relevant
expense recognised for nancial years  and . It is itemised
in the following table:
Share-based payment
Thousands of  2012 2013
 s  s
Dr Frank Appel, Chairman 4,188 12,894
Ken Allen 2,558 7,322
Roger Crook 626 3,460
Bruce Edwards 2,648 7,610
Jürgen Gerdes 2,597 7,428
Lawrence Rosen 2,590 7,311
Walter Scheurle 1 4,050 –
Angela Titzrath
2 136 1,183
Share-based payment 19,393 47,208
1 Until  April .
2 Since  May .
210 Deutsche Post DHL 2013 Annual Report
Notes
Other disclosures
Consolidated Financial Statements