TomTom 2010 Annual Report Download - page 72

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p 70 / TomTom Annual Report and Accounts 2010
7. EMPLOYEE BENEFITS (continued)
The following tables summarise information about share options and performance shares granted to members of the Management Board.
Outstanding Granted Exercised Forfeited Outstanding Exercise Expiry
Stock option plan 1 Jan 2010 in 2010 in 2010 in 2010 31 Dec 2010 price date
Harold Goddijn 181,500 0 0 0 181,500 5.71 16 June 2016
Harold Goddijn 0 150,000 0 0 150,000 5.32 12 May 2017
Marina Wyatt 605,000 0 0 0 605,000 21.85 10 August 2012
Marina Wyatt 542,685 0 0 0 542,685 28.07 9 November 2013
Marina Wyatt 181,500 0 0 0 181,500 5.71 16 June 2016
Marina Wyatt 0 150,000 0 0 150,000 5.32 12 May 2017
Alain De Taeye 181,500 0 0 0 181,500 5.71 16 June 2016
Alain De Taeye 0 150,000 0 0 150,000 5.32 12 May 2017
1,692,185 450,000 0 0 2,142,185
For a description of the stock option plan, reference is made to note 22: Share-based compensation.
Outstanding Granted Exercised Forfeited Outstanding
Performance share plan 1 Jan 2010 in 2010 in 2010 in 2010 31 Dec 2010 Expiry date
Harold Goddijn 35,332 0 -8,843 -6,403 20,086 June 2011
Marina Wyatt 18,271 0 -4,562 -3,303 10,406 June 2011
Alain De Taeye 20,812 0 0 0 20,812 June 2011
74,415 0 -13,405 -9,706 51,304
There were no grants of performance shares in 2010. For a description of the performance share plan, reference is made to note 22: Share-
based compensation.
8. ADDITIONAL INFORMATION REGARDING OPERATING EXPENSES
Included in the operating expenses are, amongst others, the following items:
(€ in thousands) 2010 2009
Salaries 151,813 143,568
Social security costs 24,469 20,742
Pensions 8,307 7,245
Share-based compensation 13,495 10,567
Other 49,894 45,599
Personnel expenses 247,978 227,721
Pension costs consist of the costs of the defined contribution plans of €7.3 million (2009: €6.1 million) and of the defined benefit plan of
€1.0 million (2009: €1.1 million).
Average number of employees
The average number of employees in 2010 was 3,288 (2009: 3,294). At 31 December 2010, the group had 3,487 (2009: 3,089) employees.
During 2010, the majority of the employees of TomTom worked outside of the Netherlands.
Operating expenses include an amount of €109 million for depreciation and amortisation expenses (2009: €106 million).
(€ in thousands) 2010 2009
Amortisation 94,235 85,920
Depreciation 14,863 20,416
Total amortisation and depreciation 109,098 106,336
The costs for operating leases in 2010 amounted to €16.6 million (2009: €14.1 million).
Notes to the Consolidated Financial Statements