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Parent Company Financial Report |
EXPLANATORY NOTES
2014 Annual Report
Prysmian Group
328
Transactions with subsidiaries
These refer to services supplied to and received from Group
companies and to current account transactions with the
Group's central treasury company.
Key management compensation
Key management compensation is analysed as follows:
2014
2013
Salaries and other short-term benefits - fixed part
5,435
3,951
Salaries and other short-term benefits - variable part
-
6,989
Other benefits
237
38
Share-based payments
13
1,671
Total
5,685
12,649
of which Directors
4,047
11,073
As required by Consob Communication DEM/6064293 dated
28 July 2006, the effects of non-recurring events and transac-
tions on the Company's income statement are shown below,
26. SIGNIFICANT NON-RECURRING EVENTS AND TRANSACTIONS
involving net non-recurring income totalling Euro 13,859
thousand in 2014 and net non-recurring expenses of Euro
6,107 thousand in 2013.
2014
2013
Non-recurring other income:
Special project income
-
103
Recharges for stock options
-
230
Total non-recurring other income
-
333
Non-recurring other personnel costs:
Company reorganisation
(2,186)
(2,463)
Total non-recurring other personnel costs
(2,186)
(2,463)
Non-recurring other expenses:
Special project costs
(2,103)
(1,976)
Recharged stock option costs for seconded personnel
-
(1,331)
(Increases in)/releases of provisions for risks
19,938
1,641
Total non-recurring other expenses
17,835
(1,666)
Non-recurring finance costs
(2,048)
(2,311)
Non-recurring finance income
258
-
Total
13,859
(6,107)
The statement of financial position and the net financial position contain no material amounts in connection with non-recur-
ring events.
(in thousands of Euro)
(in thousands of Euro)