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FINANCIAL INFORMATION – FINANCIAL STATEMENTS
Note 10, cont.
Number of Series B shares purchased and number of participants,
Share Matching Plan, 2011-2014
Share Matching Plan
Number of
shares
Number of
p articipants
2011 495,874 2,970
2012 491,142 3,475
2013 389,346 3,781
2014 376,198 4,997
Number of Series B shares purchased and number of participants,
Performance Share Plan, 2011–2014
Share Matching Plan
Number of
shares
Number of
p articipants
2011 85,474 176
2012 72,213 177
2013 53,307 164
2014 41,512 145
Share Matching Plan 2011 2012 2013 2014 Total
Number of matching shares
at beginning of the year 447,844 468,956 317,776 - 1,234,576
Allotted during the year
(purchased shares) - - 65,409 376,198 441,607
Early share matching -8,168 -13,808 -8,879 -3,498 -34,353
Ordinary share
matching -359,132 - - - -359,132
Forfeited matching
shares -15,218 -9,624 -8,001 -3,807 -36,650
Number of matching
shares eligible at year-end 65,326 445,524 366,305 368,893 1,246,048
Number of participants,
31 December 2015 2,632 3,172 3,648 4,956
% of total number of
employees 18 22 25 34
Average remaining maturity,
years - 0.7 1.7 2.8
Performance share Plan 2011 2012 2013 2014 Total
Number of matching shares
at beginning of the year 73,136 68,902 43,943 - 185,981
Allotted during the year
(purchased shares) - - 8,318 41,512 49,830
Early share matching -383 -1,555 -425 -794 -3,157
Ordinary share
matching -54,204 - - - -54,204
Forfeited matching
shares -7,936 -469 -767 -440 -9,612
Number of matching
shares eligible at year-end 10,613 66,878 51,069 40,278 168,838
Number of participants,
31 December 2015 156 167 161 139
Average remaining maturity,
years - 0.7 1.7 2.8
Total number of shares
eligible at year-end 2011 2012 2013 2014 Totalt
Share Matching Plan 65,326 445,524 366,305 368,893 1,246,048
Performance Share Plan 10,613 66,878 51,069 40,278 168,838
Less: Shares included in
both plans -10,613 -66,878 -51,069 -40,278 -168,838
Total 65,326 445,524 366,305 368,893 1,246,048
Recognised expense for above-mentioned plan,
including social security expenses, MSEK 2015 2014
Share Matching Plan 2010 - 17
Share Matching Plan 2011 30 23
Share Matching Plan 2012 31 28
Share Matching Plan 2013 32 11
Share Matching Plan 2014 16 -
Performance Share Plan 2010 - 5
Performance Share Plan 2011 - -
Performance Share Plan 2012 - -3
Performance Share Plan 2013 6 2
Performance Share Plan 2014 2 -
Total 117 83
The expense for the share plans is included in operating income and is recognised in
the balance sheet as equity and accrued expenses (social security expenses). Admi-
nistrative expenses for the share matching plans amounted to MSEK 7 (7) in 2015.
The expense is based on the share price of the matching shares that are expec-
ted to be allotted. The share price is determined at the time of the participants’
investment adjusted by the dividend that does not accrue to the employee during
the vesting period.
NOTE 11 AUDITORS’ FEES AND
COMPENSATION
Group Parent Company
MSEK 2015 2014 2015 2014
PwC
Audit assignments 18 18 10 10
Audit work in excess of
the audit assignment 2 1 2 1
Tax advice 1 1 - -
Other services 1 1 - -
Other audit firms
Audit assignments 2 2 - -
Total 24 23 12 11
Audit assignments refer to expenses for the statutory audit, i.e. the work that was
necessary to issue the audit report as well as advice in connection with the audit
assignment.
Audit work in excess of the audit assignment relates to expenses for opinions
and other assignments associated to a fairly high degree with audits and which are
normally performed by the external auditor, including consultations on advisory and
reporting requirements, internal control and the review of interim reports.
Other services relate to expenses that are not classified as audit assignments,
audit work in excess of the audit assignment and tax advice.
82 – SAAB ANNUAL REPORT 2015