|
|
 |
 |
|
 |
 |
| Wages and salaries |
 |
1 333.0 |
 |
1 482.8 |
 |
1 659.0 |
 |
| Pensions |
 |
139.7 |
 |
198.6 |
 |
260.3 |
 |
| Other statutory employer costs |
 |
260.3 |
 |
261.1 |
 |
196.1 |
 |
| Other voluntary costs |
 |
21.3 |
 |
53.2 |
 |
119.0 |
 |
| Total |
 |
1 754.3 |
 |
1 995.7 |
 |
2 234.4 |
 |
 |
|
 |
 |
| |
 |
|
 |
|
 |
|
 |
| Defined benefit plans |
 |
26.2 |
 |
47.2 |
 |
6.3 |
 |
| Defined contribution plans |
 |
113.5 |
 |
143.8 |
 |
223.1 |
 |
| Other post-employment benefits |
 |
- |
 |
7.6 |
 |
30.9 |
 |
| Total Pension Costs |
 |
139.7 |
 |
198.6 |
 |
260.3 |
 |
 |
| Full details of pension costs are shown in Note 17. |
 |
|
 |
 |
| Claes Dahlbäck, Chairman |
 |
117.8 |
 |
117.8 |
 |
134.5 |
 |
| Krister Ahlström, Vice Chairman |
 |
42.1 |
 |
42.1 |
 |
84.0 |
 |
| Josef Ackermann |
 |
33.6 |
 |
33.6 |
 |
58.9 |
 |
| Harald Einsmann |
 |
33.6 |
 |
33.6 |
 |
58.9 |
 |
| Björn Hägglund, Deputy CEO |
 |
* |
 |
* |
 |
* |
 |
| Jukka Härmälä, CEO |
 |
* |
 |
* |
 |
* |
 |
| Raimo Luoma |
 |
33.6 |
 |
33.6 |
 |
- |
 |
| George W. Mead |
 |
- |
 |
10.2 |
 |
58.9 |
 |
| Ilkka Niemi |
 |
- |
 |
- |
 |
58.9 |
 |
| Paavo Pitkänen |
 |
33.6 |
 |
33.6 |
 |
58.9 |
 |
| Jan Sjöqvist |
 |
33.6 |
 |
33.6 |
 |
58.9 |
 |
| Marcus Wallenberg |
 |
33.6 |
 |
33.6 |
 |
58.9 |
 |
| Total Remuneration as Directors |
 |
361.5 |
 |
371.7 |
 |
630.8 |
 |
 |
| * As executive members, the CEO and the Deputy CEO receive no Board remuneration. |
 |
|
 |
 |
| Annual salary |
 |
632.4 |
 |
700.2 |
 |
1 039.2 |
 |
| Benefits |
 |
29.2 |
 |
28.5 |
 |
27.2 |
 |
| Bonus |
 |
146.6 |
 |
226.7 |
 |
250.2 |
 |
| Total Remuneration |
 |
808.2 |
 |
955.4 |
 |
1 316.6 |
 |
The retirement age for the CEO has been set at 60 years with the pension being 66% of the average of the previous four years Finnish remuneration. The contract of employment provides for notice of 6 months prior to termination with compensation being twelve months basic salary and a further optional 12 months salary depending on employment. The CEO is entitled to a bonus plan, decided on by the Board each year, giving a maximum of 50% of annual salary. The CEO is also entitled to a certain number of shares through warrants and options / synthetic options, full details of which are shown in Note 23.

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