Mercedes 2006 Annual Report Download - page 226

The compensation paid in 2006 to the members of the Supervisory
Board of DaimlerChrysler AG for services in all capacities to the
Group amounted to €2.1 million (2005: €2.0 million).
Except for the compensation paid to employee representatives
within the Supervisory Board in accordance with their con-
tracts of employment, no compensation was paid in 2005 and
2006 for services provided personally beyond the activities
already disclosed separately, in particular for advisory or agency
services.
As of December 31, 2006, no advances or loans existed to
members of the Board of Management or Supervisory Board of
DaimlerChrysler AG.
Transactions with related parties. For transactions with
related parties, which are shareholders of DaimlerChrysler AG,
see the last section of Note 36.
Third party companies. At December 31, 2006, Daimler-
Chrysler was shareholder of a significant company that meet the
criteria of a third party company according the German
Corporate Governance Code:
38. Principal Accountant Fees
The fees billed by the independent auditors KPMG for
professional services are comprised of:
39. Subsequent Events
On February 14, 2007, DaimlerChrysler announced the Chrysler
Group’s three-year “Recovery and Transformation Plan.” This
plan aims to return the Chrysler Group to profitability by 2008
and redesign the business model for the Chrysler Group. The
plan identifies a combination of measures designed to increase
revenues and reduce costs, including: continuation of the
product offensive; workforce reductions by 13,000 employees
over three years; reduction of material costs by €1.15 billion;
and reduction in production capacity by 400,000 units per year
by eliminating work shifts and idling plants. DaimlerChrysler
expects these recovery measures to result in restructuring charges
of up to €1 billion to be recognized in its financial statements
in 2007, with a cash impact for the year 2007 of about €0.8
billion. The plan will be supported by investments of €2.3 billion
in new engines, transmissions and axles.
210
Tata Motors Limited
Mumbai, India
6.6
1,135
320
Name of the company
Headquarters
Stake in % 1
Equity in millions of € 2
Net income in millions of € 2
1 As of December 31, 2006
2 Based on national consolidated financial statements for the year ended March 31, 2006
Year ended December 31,
2004
20052006
62
4
3
4
73
39
14
6
5
64
42
11
5
4
62
Audit fees
Audit-related fees
Tax fees
All other fees
(in millions of €)