219
Transactions with associates
Trade and other payables refer to goods and services provided
in the ordinary course of the Group’s business. Trade and other
receivables refer to transactions carried out in the ordinary
course of the Group’s business.
(in millions of Euro)
2012
Share of net profit/(loss) Sales of goods
Personnel costs
Cost of goods and Finance income/
of associates and and services
services
(costs)
dividends from other
and other
companies
income
Associates
17
100
-
84
-
Other related parties:
Compensation of directors, statutory
auditors and key management personnel
-
-
15
1
-
Total
17
100
15
85
-
Key management compensation
Key management compensation is analysed as follows:
At 31 December 2013, Other payables for key management compensation amount to Euro 15.6 million (Euro 5 million at 31
December 2012), while Employee benefit obligations for key management compensation amount to Euro 0.2 million (Euro 6
million at 31 December 2012).
In accordance with the disclosures required by Consob Communication DEM/6064293 dated 28 July 2006, it is reported that no
atypical and/or unusual transactions took place during 2013.
(in thousands of Euro)
2013
2012
Salaries and other short-term benefits - fixed part
4,698
4,778
Salaries and other short-term benefits - variable part
9,584
7,115
Other benefits
31
54
Share-based payments
2,174
3,523
Total
16,487
15,470
of which Directors
13,406
11,922
34. COMPENSATION OF DIRECTORS AND STATUTORY AUDITORS
35. ATYPICAL AND/OR UNUSUAL TRANSACTIONS
The compensation of the Directors of Prysmian S.p.A.
amounts to Euro 13.6 million in 2013 (Euro 12.3 million
in 2012). The compensation of the Statutory Auditors of
Prysmian S.p.A. amounts to Euro 0.22 million in 2013 (Euro
0.09 million in 2012). Compensation includes emoluments,
and any other types of remuneration, pension and medical
benefits, received for their service as Directors or Statutory
Auditors of Prysmian S.p.A. and other companies included in
the scope of consolidation, and that have constituted a cost
for Prysmian.
