Siemens 2014 Annual Report Download - page 154


Allocations
The following table shows allocations during or for fi scal ,
as the case may be, for fi xed compensation, fringe benefi ts,
one-year variable compensation, and multi-year variable com-
pensation – broken down by the relevant years for which they
were subscribed, as well as the expense of pension benefi ts.
In deviation from the multi-year variable compensation granted
for fi scal  and shown above, this table includes the actual
fi gure for multi-year variable compensation granted in previous
years and allocated in fi scal .
Managing Board members serving as of September 30, 2014
Joe Kaeser
President and CEO
(Amounts in €) FY  FY 
Non-performance-
based components
Fixed compensation (base compensation) 1,113,750 1,845,000
Fringe benefi ts 71,843 95,184
Total 1,185,593 1,940,184
Performance-based
components
without long-term incentive
effect, non-stock-based
One-year variable compensation (bonus) –
Cash component 558,849 2,016,262
with long-term incentive
effect, stock-based
Multi-year variable compensation 1,426,193 1,594,910
Siemens Stock Awards (restriction period:  – ) 01,392,062
Siemens Stock Awards (restriction period:  – ) 1,299,629 0
Share Matching Plan (vesting period:  – ) 0202,848
Share Matching Plan (vesting period:  – ) 126,564 0
Other  065,704
Total 3,170,635 5,617,060
Service cost 504,323 1,058,566
Total (GCGC) 3,674,958 6,675,626
Managing Board members serving as of September 30, 2014
Dr. Ralf P. Thomas
CFO
(Amounts in €) FY  FY 
Non-performance-
based components
Fixed compensation (base compensation) 34,938 998,400
Fringe benefi ts 2,465 61,222
Total 37,403 1,059,622
Performance-based
components
without long-term incentive
effect, non-stock-based
One-year variable compensation (bonus) –
Cash component 16,598 1,046,148
with long-term incentive
effect, stock-based
Multi-year variable compensation 0534,592
Siemens Stock Awards (restriction period:  – ) 0519,851
Siemens Stock Awards (restriction period:  – ) 00
Share Matching Plan (vesting period:  – ) 014,741
Share Matching Plan (vesting period:  – ) 00
Other  021,619
Total 54,001 2,661,981
Service cost 208,034 230,055
Total (GCGC) 262,035 2,892,036
1 Fringe benefits include costs, or the cash equivalent, of
non-monetary benefits and other perquisites, such as
provision of Company cars in the amount of € ,
(: € ,), contributions toward the cost of
insurance in the amount of € , (: € ,),
reimbursement of fees for legal advice, tax advice and
accommodation and moving expenses, including any
taxes that have been assumed in this regard as well as
costs connected with preventive medical examinations,
in the amount of € , (: € ,).
2 The Supervisory Board adjusted the bonus payout
amount resulting from target attainment individually
downward by  % for Dr. Süß. The cash component
of one-year variable compensation (bonus) presented
above therefore represents the amount awarded for
fiscal ; which will be paid out in January .
3 The “Other” item includes the adjustment of the 
Siemens Stock Awards in accordance with Section 
and Section  of the German Transformation Act
(Umwandlungsgesetz) because of the spin-off of
OSRAM. For Ms. Davis, “Other” represents the cash
component of the compensatory payment that will
be paid in December .
4 In compensation for the forfeiture of stock, pension
benefits, health benefits and transitional remuneration
from her former employer, the Supervisory Board
granted Ms. Davis a one-time amount of € ,,.
This amount will be provided  % in cash,  % in the
form of Siemens Stock Awards and the remaining  %
as a special contribution to the pension plan. The cash
component will be paid in December .
5 Brigitte Ederer resigned from the Managing Board effec-
tive at the end of the day on September , . Accord-
ing to the provisions of her contract, her variable compen-
sation (bonus) for fiscal  was granted entirely in cash.