Philips 2004 Annual Report Download - page 164
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number of restricted share rights
as of
Jan. 1,
granted
during
delivered
during
as of
Dec. 31,
potential
premium
2004 2004 2004 2004 shares
G.J. Kleisterlee 17,601 16,002 5,867 27,736 6,723
J.H.M. Hommen 14,667 13,335 4,889 23,113 5,601
G.H.A. Dutiné 11,736 10,668 3,912 18,492 4,485
A. Huijser 11,736 10,668 3,912 18,492 4,485
Total 55,740 50,673 18,580 87,833 21,294
The total pension charges of the members of the Board of Management in 2004 amount to
EUR 834,757 (pension charge in 2003: 1,096,296; pension credit in 2002: EUR 841,230.
The vested pension benefits and relevant pension indicators of individual members of the Board
of Management are as follows (in euros):
age at
December 31,
2004
ultimate
retirement
age
increase
in accrued
pension
during 2004
accumulated
annual pension
as at
December 31,
2004
pension
premium 2004
paid by
employer1)
pension
premium 2004
paid by
employee
pension
charges
20042)
G.J. Kleisterlee 58 62 31,620 555,512 – 58,770 252,194
J.H.M. Hommen 61 62 21,7802)4) 159,6742)4) 200,156 – 3) 234,009
G.H.A. Dutiné 52 62 17,2812) 45,4562) 68,131 33,420 226,068
A. Huijser 58 62 40,394 326,742 – 30,120 122,486
Total 834,757
1) Due to pension premium holiday no contribution was made, except for the special pension arrangements regarding Messrs Hommen and
Dutiné (see note 2 below).
2) Including vested entitlements following from special pension arrangements that have been transferred to the Dutch Philips Pension Fund
at the end of 2004 (Mr Hommen : EUR 11,117 and Mr Dutiné : EUR 4,638).
3) Mr Hommen has reached the age of 60, which means that contributions no longer have to be paid.
4) Including postponement effects.
See note 32 to the financial statements for further information on stock options.
Supervisory Board
The remuneration of the members of the Supervisory Board amounted to EUR 422,016 (2003:
EUR 399,328, 2002: EUR 310,840); former members received no remuneration.
The annual remuneration for individual members is EUR 40,840 and for the Chairman
EUR 74,874. Additionally, the membership of committees of the Supervisory Board is
compensated by an amount of EUR 4,538 per year per committee. At year-end 2004, the
present members of the Supervisory Board held no stock options.
163Philips Annual Report 2004