Sennheiser 2012 Annual Report Download - page 43

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8584
NOTES ON THE CONSOLIDATED FINANCIAL STATEMENTS 2012
NOTES ON THE CONSOLIDATED FINANCIAL STATEMENTS 2012
Total remuneration of the members of the Executive Team came to €2.044 million (previous year: €1.463 million)
and that of the Supervisory Board to €348,000 (previous year: €348,000).
Regarding disclosure, the following subsidiaries in the legal form of a limited company or partnership within the
meaning of Section 264a HGB have made use of relief options in accordance with Section 264, subsection 3, and
Section 264b HGB:
– Georg Neumann Gesellschaft mit beschränkter Haftung, Berlin, Germany,
– K + H Vertriebs- und Entwicklungsgesellschaft mbH, Wedemark, Germany,
– Sennheiser Audio Labs GmbH, Wedemark, Germany,
– Sennheiser Consumer Electronics GmbH, Wedemark, Germany,
– Sennheiser Logistics Services GmbH, Wedemark, Germany,
– Sennheiser Vertrieb und Service GmbH & Co. KG, Hanover, Germany.
The parent company, in the form of a limited company within the meaning of Section 264a HGB, makes use of
the relief options in accordance with Section 264b HGB.
Wennebostel, Germany, 10 April 2013
The Executive Management Board
F. FINANCIAL OBLIGATIONS
Other financial obligations
On the balance sheet date, there were rent and leasing obligations in the amount of €30,443 million.
There were also liabilities resulting from hardware and software maintenance contracts and vehicle leasing
liabilities in the amount of €4.414 million, as well as order commitments of €54.913 million.
G. OTHER STATUTORY INFORMATION
The unlimited partner of the parent company is Sennheiser Beteiligungsgesellschaft mit beschränkter Haftung,
Wedemark, whose subscribed capital amounts to €30,000.
The management of Sennheiser electronic GmbH & Co. KG is the responsibility of Sennheiser Beteiligungs-
gesellschaft mit beschränkter Haftung, Wedemark.
The following persons were appointed as Presidents, collectively representing Sennheiser Beteiligungsgesell-
schaft mit beschränkter Haftung, Wedemark:
Volker Bartels, Hanover, Germany, President, Corporate Services, Speaker of the Executive Management Board
(EMB)
Peter Claussen, Burgwedel, Germany, President, Integrated Systems
Dr. Heinrich Esser, Wedemark, Germany, President, Professional Systems
Dr. Andreas Sennheiser, Isernhagen, Germany, President, Supply Chain
Daniel Sennheiser, Zurich, Switzerland, President, Strategy and Finance
During the year under review, the members of the Supervisory Board were:
Prof. Dr. Jörg Sennheiser, Chairman, Wedemark, Germany,
Andreas Dornbracht, Managing Director of Aloys F. Dornbracht GmbH & Co. KG Armaturenfabrik, Iserlohn,
Germany,
Dr. Frank Heinricht, Chairman of the Management of Heraeus Holding GmbH, Hanau, Germany,
Johann Soder, Director of Technology of SEW-EURODRIVE GmbH & Co. KG, Bruchsal, Germany.
Volker Bartels,
President, Corporate Services,
Speaker of the Executive
Management Board (EMB)
Dr. Andreas Sennheiser,
President,
Supply Chain
Peter Claussen,
President, Integrated
Systems
Daniel Sennheiser,
President,
Strategy and Finance
Dr. Heinrich Esser,
President, Professional
Systems