- Annual Report
- Overview
- Foreword from the Chairman of the Board of Directors and CEO
- Market Switzerland
- Market Italy
- Other segments and activities
- Sustainability
- Corporate governance
- Basic principles
- Group structure and shareholders
- Board of Directors
- Executive Board of the Repower Group
- Shareholders' rights of participation
- Change of control and defensive measures
- Auditor
- Information policy
- Implementation of the Ordinance against Excessive Compensation in Listed Stock Companies
- Events after the balance sheet date
- Board of Directors
- Executive Board
- Compensation Report
- Financial Report
- Consolidated Financial Statements of the Repower Group
- Comments on the consolidated financial statements
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated balance sheet
- Changes in consolidated shareholders equity
- Consolidated cash flow statement
- Notes
- 1 Total operating revenue
- 2 Personnel expenses
- 3 Depreciation/amortisation and impairment
- 4 Financial result
- 5 Income taxes
- 6 Result per share
- 7 Tangible assets
- 8 Intangible assets
- 9 Disclosures of interests in other entities (IFRS 12)
- 10 Other financial assets
- 11 Inventories
- 12 Receivables
- 13 Securities and other financial instruments
- 14 Positive/negative replacement values for held-for-trading positions
- 15 Cash and cash equivalents
- 16 Share capital
- 17 Non-current financial liabilities
- 18 Pension fund obligation
- 19 Other provisions
- 20 Other current liabilities
- 21 Current financial liabilities
- 22 Information about net current assets for the cash flow statement
- 23 Transactions with related parties
- 24 Additional disclosures on financial instruments
- 25 Business combinations, disposals and liquidations
- 26 Assets and liabilities held for sale
- 27 Segment reporting
- 28 Contingent liabilities and warranty liabilities
- 29 Obligations under leasing arrangements
- 30 Risk assessment
- 31 Events occurring after the balance sheet date
- Notes to the consolidated financial statements
- Consolidated accounting principles
- Summary of accounting and valuation principles
- Consolidation
- Accounting and valuation principles
- Capital and enterprise value management
- Risk management and financial risk management
- Estimation uncertainty
- Report of the Auditors on the consolidated financial statements
- Financial Statements of Repower AG
- Consolidated Financial Statements of the Repower Group
- Graphics
- Organisation Chart
- Archive
- Hydropower
Compensation Report
Compensation paid to the members of the Board of Directors
In the year under review the members of the Board of Directors received cash compensation in the amount of CHF 692,859 (prior year: CHF 754,918). Compensation breaks down in detail as follows:
| Member of Board of Directors from/until | Gross compen -sation 1) | Employer contributions | Total comp. 2014 | Gross compen -sation 1) | Employer contributions | Total comp. 2013 | |
|---|---|---|---|---|---|---|---|
| CHF | |||||||
| Dr Eduard Rikli, chairman, from 01.01.10 | from 01.01.10 | 120,000 | 9,852 | 129,852 | 122,000 | 7,625 | 129,625 |
| Dr Manfred Thumann, vice chairman, from 14.05.14 2) | from 15.05.13 | 63,019 | - | 63,019 | 25,659 | - | 25,659 |
| Dr Martin Schmid | from 23.05.08 | 86,453 | 7,098 | 93,551 | 107,800 | 6,738 | 114,538 |
| Dr Rudolf Huber | from 15.05.13 | 80,000 | 6,568 | 86,568 | 49,318 | 3,083 | 52,401 |
| Placi Berther | from 04.05.11 | 37,100 | 3,046 | 40,146 | 47,600 | 2,975 | 50,575 |
| Claudio Lardi | from 04.05.11 | 35,000 | 2,874 | 37,874 | 41,000 | 2,563 | 43,563 |
| Rolf W. Mathis 2) | from 02.05.03 | 36,500 | - | 36,500 | 43,300 | - | 43,300 |
| Roger Vetsch | from 09.05.12 | 35,000 | 2,874 | 37,874 | 35,000 | 2,188 | 37,188 |
| Dr Myriam Meyer Stutz 2) | from 15.05.13 | 35,000 | - | 35,000 | 25,659 | - | 25,659 |
| Gerhard Jochum | from 15.05.13 | 35,000 | 2,874 | 37,874 | 25,659 | 1,604 | 27,263 |
| Domenico De Luca 2) | from 14.05.14 | 21,728 | - | 21,728 | - | - | - |
| Peter Molinari | from 14.05.14 | 21,728 | 848 | 22,576 | - | - | - |
| Dr Hans Schulz, vice chairman, from 15.05.13 until 14.05.14 2) | until 14.05.14 | 36,679 | - | 36,679 | 75,223 | - | 75,223 |
| Christoffel Brändli | until 14.05.14 | 13,272 | 346 | 13,618 | 39,000 | 1,143 | 40,143 |
| Kurt Baumgartner, vice chairman, until 15.05.13 2) | until 15.05.13 | - | - | - | 32,418 | 32,418 | |
| Dr Guy Bühler 2) | until 15.05.13 | - | - | - | 30,681 | - | 30,681 |
| Daniel Spinnler 2) | until 15.05.13 | - | - | - | 15,341 | - | 15,341 |
| Michael Wider 2) | until 15.05.13 | - | - | - | 11,341 | - | 11,341 |
| Total | 656,479 | 36,380 | 692,859 | 726,999 | 27,919 | 754,918 |
1) The compensation amount includes a Board of Directors fee and meeting expenses. There are no other items which require disclosure under the provisions of Articles 14 to 16 of the Ordinance against Excessive Compensation in Listed Stock Companies (OaEC).
2) In line with the instructions of the members of the Board of Directors concerned, the total compensation is transferred to the members' employer.