Philips 2009 Annual Report Download - page 201

Remuneration of individual members of the Board of Management
in euros
salary annual incentive1) total cash other compensation2)
2009
G.J. Kleisterlee 1,100,000 220,000 1,320,000 329,117
P-J. Sivignon 700,000 105,000 805,000 37,988
G.H.A. Dutiné 625,000 93,750 718,750 119,197
T.W.H.P. van Deursen 3) − 22,500 22,500 −
R.S. Provoost 635,000 95,250 730,250 25,465
A. Ragnetti 635,000 95,250 730,250 42,777
S.H. Rusckowski 635,000 221,470 856,470 66,603
4,330,000 853,220 5,183,220 621,147
2008
G.J. Kleisterlee 1,100,000 490,512 1,590,512 324,346
P-J. Sivignon 687,500 217,386 904,886 8,738
G.H.A. Dutiné 618,750 200,664 819,414 135,673
T.W.H.P. van Deursen4) 150,000 267,984 417,984 20,068
R.S. Provoost 620,000 247,607 867,607 26,406
A. Ragnetti 613,750 329,571 943,321 37,665
S.H. Rusckowski 5) 620,000 103,164 723,164 66,356
4,410,000 1,856,888 6,266,888 619,252
2007
G.J. Kleisterlee 1,087,500 1,186,618 2,274,118 304,047
P-J. Sivignon 637,500 508,550 1,146,050 25,218
G.H.A. Dutiné 587,500 513,691 1,101,191 140,116
A. Huijser 6) − 140,098 140,098 −
T.W.H.P. van Deursen 587,500 380,190 967,690 73,701
J.A. Karvinen 7) − 382,579 382,579 −
R.S. Provoost 562,500 335,551 898,051 22,007
A. Ragnetti 531,250 354,893 886,143 37,031
S.H. Rusckowski 8) 431,250 − 431,250 137,741
4,425,000 3,802,170 8,227,170 739,861
1) The annual incentives paid are related to the level of performance achieved in the previous year.
2) The stated amounts concern (share of) allowances to members of the Board of Management that can be considered as remuneration. In a situation where such a share of an allowance
can be considered as (indirect) remuneration (for example, private use of the company car), then the share is both valued and accounted for here. The method employed by the fiscal
authorities in the Netherlands is the starting point for the value stated.
3) Annual incentive figure relates to period January 1 - March 31, 2008.
4) Salary amount and amount under ‘other compensation’ relates to period January 1 - March 31, 2008.
5) Annual incentive figure relates to period of board membership April 1 - December 31, 2007.
6) Annual incentive figure relates to period January 1 - March 31, 2006.
7) Annual incentive figure relates to period April 1 - November 30, 2006.
8) The salary amount as well as the amount under ‘other compensation’ relates to the period April 1 - December 31, 2007. The annual incentive paid out relates to the period before
board membership and is not stated.
11 Group financial statements 11.12 - 11.12
Philips Annual Report 2009 201