Philips 2006 Annual Report Download - page 169

Philips Annual Report 2006 169
See note 33 to the fi nancial statements for further information
on stock options and restricted share rights.
The total pension charges of the members of the Board of
Management in 2006 amount to EUR 767,161 (pension charge
in 2005: EUR 665,489; 2004: EUR 834,757).
The accumulated annual pension entitlements and the pension costs of
individual members of the Board of Management are as follows (in euros):
age at
December
31, 2006
accumulated
annual
pension as of
December
31, 2006
1) pension costs 2)
G.J. Kleisterlee
3) 60 609,788 (52,145 )
P-J. Sivignon 50 11,407 224,481
G.H.A. Dutiné 54 69,363 194,309
T.W.H.P. van Deursen
3) 60 282,926 (62,340 )
R.S. Provoost 47 49,173 138,802
A. Ragnetti 46 23,266 121,358
564,465
4)
1) Under fi nal pay or average pay plan
2) Including costs related to employer contribution in defi ned-contribution
pension plan
3) As Mr Kleisterlee as well as Mr Van Deursen were born before January 1,
1950, they continued to be a premium paying member of the fi nal pay plan
till the age of 60
4) Mr Huijser for the period January - April 2006 not included (EUR 265),
Mr Van Houten for the period April - October 2006 not included (EUR
55,372),
Mr Karvinen for the period April - December 2006 not included
(EUR 147,059)
Remuneration of the Supervisory Board
The remuneration of the members of the Supervisory Board
amounted to EUR 494,500 (2005: EUR 496,625, 2004: EUR 422,016);
former members received no remuneration.
The annual remuneration for individual members is EUR 41,000 and
for the Chairman EUR 75,000. Additionally, the annual remuneration
for a regular member of a committee of the Supervisory Board is
EUR 4,500, for the Chairman of a committee EUR 6,000 and for the
Chairman of the Audit Committee EUR 7,000. At year-end 2006, the
present members of the Supervisory Board held no stock options.
The individual members of the Supervisory Board received, by virtue
of the positions they held, the following remuneration (in euros):
membership committees total
2006
W. de Kleuver 75,000 10,500 85,500
L. Schweitzer 41,000 4,500 45,500
R. Greenbury 41,000 4,500 45,500
J-M. Hessels 41,000 7,000 48,000
K.A.L.M. van Miert 41,000 4,500 45,500
C.J.A. van Lede 41,000 6,000 47,000
J.M. Thompson 41,000 4,500 45,500
E. Kist 41,000 4,500 45,500
N.L. Wong 41,000 − 41,000
J.J. Schiro 41,000 4,500 45,500
444,000 50,500 494,500
membership committees total
2005
L.C. van Wachem
(January-March) 37,500 2,625 40,125
W. de Kleuver 66,500 10,500 77,000
L. Schweitzer 41,000 1,125 42,125
R. Greenbury 41,000 4,500 45,500
J-M. Hessels 41,000 7,000 48,000
K.A.L.M. van Miert 41,000 4,500 45,500
C.J.A. van Lede 41,000 5,625 46,625
J.M. Thompson 41,000 4,500 45,500
E. Kist 41,000 3,375 44,375
N.L. Wong
(April-December) 41,000 − 41,000
J.J. Schiro
(October-December) 20,500 375 20,875
452,500 44,125 496,625
2004
L.C. van Wachem 74,874 9,076 83,950
W. de Kleuver 40,840 9,076 49,916
L. Schweitzer 40,840 − 40,840
R. Greenbury 40,840 4,538 45,378
J-M. Hessels 40,840 4,538 45,378
K.A.L.M. van Miert 40,840 4,538 45,378
C.J.A. van Lede 40,840 4,538 45,378
J.M. Thompson 40,840 4,538 45,378
E. Kist (July-December) 20,420 − 20,420
381,174 40,842 422,016
Supervisory Board members’ and Board of Management
members’ interests in Philips shares
Members of the Supervisory Board and of the Board of Management
are not allowed to hold any interests in derivative Philips securities.
number of shares
as of
December
31, 2005
as of
December
31, 2006
W. de Kleuver 4,131 4,131
L. Schweitzer 1,070 1,070
J.M. Thompson 1,000 1,000
G.J. Kleisterlee 118,205 134,740
P-J. Sivignon 0 3,556
G.H.A. Dutiné 11,380 22,404
T.W.H.P. van Deursen n.a.
1) 58,888
R.S. Provoost n.a.
1) 21,049
A. Ragnetti n.a.
1) 12,625
1) Reference date for board membership is December 31
226 Corporate governance224 Reconciliation of
non-US GAAP information
234 The Philips Group
in the last ten years
236 Investor information