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Software AG GB 2013. englisch

Remuneration of the Management Board pursuant to Section 314 (1), No. 6 of the German Commer- cial Code (HGB) Remuneration for the Management Board in fiscal 2013 amounted to €10,987 thousand (2012: €11,515 thousand). The stock options issued under MIP IV were recognized with a value that was measured using the binomial model in the amount of €263 thousand (2012: €834 thousand). The remuneration of the Management Board still includes the consideration paid for 125,153 (2012: 117,863) com- mitted phantom shares totaling €3,464 thousand (2012: €3,473 thousand). The phantom shares had a fair value as of the grant date of €27.68 (2012: €29.47) per phantom share. Remuneration for former Management Board members totaled €367 thousand (2012: €350 thousand). Pension provisions for former Management Board members totaled €9,525 thousand (2012: €9,475 thousand). These amounts include provisions for periods of time in which two members of the Management Board were executive employees or members of the Group Executive Board Mem- ber and one former member of the Management Board still is. Software AG did not grant any advances or loans to Manage- ment Board members in fiscal 2013 or in fiscal 2012. Detailed disclosures on the remuneration paid to Manage- ment Board members are made in the Remuneration ­Report, which forms part of the Management Report. Remuneration of the Supervisory Board pursuant to Section 314 (1), No. 6 of the German Commercial Code (HGB) Total remuneration for the Supervisory Board in fiscal 2013 amounted to €723 thousand (2012: €728 thousand). Software AG did not grant any advances or loans to Super- visory Board members in fiscal 2013 or in fiscal 2012. Detailed disclosures on the remuneration paid to Supervisory Board members are made in the Remuneration Report, which forms part of the Management Report. [36] Related party transactions A related party as defined by IAS 24 Related Party Disclo- sures is any legal or natural person able to exercise control over Software AG or a Software AG subsidiary, that is con- trolled by Software AG or a Software AG subsidiary, or in which Software AG or a Software AG subsidiary has an in- terest that gives it significant influence over such legal or natural person. This also includes any legal or natural person having an interest in Software AG that gives it significant influence over Software AG (Software AG Foundation), un- consolidated subsidiaries, and the members of Software AG’s executive bodies, whose remuneration is specified in Note [38] as well as in the Remuneration Report contained in the Corporate Governance section of the Management Report. The Software AG Foundation provided Software AG with funds in the amount of €45 million to finance the IDS Scheer acquisition in 2009. The funding was made available in the form of a subordinated promissory note loan from a special fund in which the Software AG Foundation has a 100-percent stake. The interest rate on the promissory note loan is in accordance with market rates. The promissory note loan is a bullet loan with a term running until August 2013. It was repaid on schedule in August. Software AG | Annual Report 2013 200 Letter from the Management Board About Software AG Software AG ShareHighlights 2013

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