299
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:
(in thousands of Euro)
2013
2012
Salaries and other short-term benefits - fixed part
3,951
3,885
Salaries and other short-term benefits - variable part
6,989
6,274
Other benefits
38
45
Share-based payments
1,671
3,043
Total
12,649
13,247
of which Directors
11,073
11,424
(in thousands of Euro)
2013
2012
Non-recurring other income:
Special project income
103
350
Recharged Stock option for seconded personnel
230
-
Total non-recurring other income
333
350
Non-recurring other personnel costs:
Company reorganisation
(2,463)
(2,979)
Total non-recurring other personnel costs
(2,463)
(2,979)
Non-recurring other expenses:
Special project costs
(1,976)
(2,690)
Recharged Stock option costs for seconded personnel
(1,331)
-
Increases in provisions for risks
1,641
(599)
Total non-recurring other expenses
(1,666)
(3,289)
Non-recurring finance costs
(2,311)
Total
(6,107)
(5,918)
As required by Consob Communication DEM/6064293
dated 28 July 2006, the effects of non-recurring events and
transactions on the Company’s income statement are shown
below, involving total net non-recurring expenses of Euro 6,107
thousand in 2013 and Euro 5,918 thousand in 2012.
26. SIGNIFICANT NON-RECURRING EVENTS AND TRANSACTIONS
(in thousands of Euro)
2012
Revenue from Raw materials Cost of goods Personnel
Finance Dividends
Taxes
sales and
and and services
costs income/
Other income consumables
(costs)
used
Subsidiaries
104,146
308
18,304
-
15,641
150,000 35,535
Other related parties:
Compensation of Directors, Statutory
Auditors and Key management personnel
-
-
477
13,247
-
-
-
Total
104,146
308
18,781
13,247
15,641 150,000 35,535
