Unilever 1999 Annual Report Download - page 35

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Unilever Group Directors’ remuneration and interests
Report to the shareholders (continued)
Directors’ emoluments
The aggregate emoluments of the directors were as follows:
Fl. £
1999 1998 1999 1998
Salary 15 878 902 15 819 554 4 747 056 4 809 837
Allowances and value of benefits in kind 2 401 242 2 416 405 717 860 734 693
Performance related payments 5 278 724 7 797 962 1 578 094 2 370 922
Total 23 558 868 26 033 921 7 043 010 7 915 452
Gains on exercise of share options
(1)
2 585 849 8 008 505 773 049 2 434 936
The emoluments of the individual directors were as follows:
Allowances
and value of
Performance
related Total Total Equivalent totals (10)
Salary benefits in kind payments (1) 1999 1998 1999 1998
Paid in guilders:
Fl. Fl. Fl. Fl. Fl. £ £
M Tabaksblat
(2)
916 667 87 280 264 642 1 268 589 3 272 891 379 249 995 102
A Burgmans
(3)
1 533 333 41 507 558 483
(9)
2 133 323 1 909 962 637 765 580 712
A Kemner 1 420 000 35 838 495 617
(9)
1 951 455 1 858 548 583 395 565 080
J Peelen 1 420 000 286 353 409 954 2 116 307 2 151 582 632 678 654 175
Paid in pounds sterling:
£££££Fl.Fl.
NWA FitzGerald
(4)
750 000 118 550 284 525
(9)
1 153 075 1 116 333 3 857 037 3 671 620
RD Brown 398 965
(7)
163 623 119 757 682 345 648 196 2 282 444 2 131 915
AC Butler 400 000 41 191 153 230
(9)
594 421 839 497 1 988 338 2 761 106
PJ Cescau
(5)
233 333 93 057 104 545 430 935 0 1 441 479 0
H Eggerstedt
(6)
228 750 6 872 66 040 301 662 702 795 1 009 059 2 311 491
RHP Markham 375 000 42 158 139 713
(9)
556 871 363 972 1 862 733 1 197 104
Paid in US dollars:
$$$$$Fl.Fl.
RM Phillips 1 260 521
(8)
190 139 312 863 1 763 523 1 720 180 3 648 104 3 414 408
££
1 090 614 1 038 129
(1) See pages 37 and 38.
(2) Chairman of NV, retired on 31 May 1999.
(3) Chairman of NV.
(4) Chairman of PLC.
(5) Elected on 4 May 1999.
(6) Retired on 31 May 1999.
(7) Includes 25 year service award of £33 965.
(8) Includes 25 year service award of US $ 135 521.
(9) Includes value of shares awarded under bonus scheme (see page 32).
(10) Based on average rates for the year of £1=Fl. 3.345, £1=US $ 1.617, US $ 1=Fl. 2.069
(1998: £1=Fl. 3.289, £1=US $ 1.657, US $ 1=Fl. 1.985).
For the years up to and including 1997 NV lent the amount of taxation charged on the grant of options under Dutch fiscal legislation to
the recipients. Amounts are repaid when the options are exercised. At 31 December 1999 a total of Fl. 1.0 million (1998: Fl. 1.1 million)
was lent to the directors.
No compensation for loss of office, payments for loss of office or other termination payments were paid to directors in 1999.
35 Unilever Annual Accounts 1999