ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
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notes<br />
06 Staff costs<br />
remuneration of Board of Directors, Executive Board and other senior executives in 2010<br />
DKK ‘000 Salaries Bonus Pension total<br />
parent company Board of Directors:<br />
Chairman (500) - - (500)<br />
Deputy Chairman (300) - - (300)<br />
Other members1 (1,706) - - (1,706)<br />
audit and risk Committee:<br />
Chairman (100) - - (100)<br />
Other members2 (100) - - (100)<br />
remuneration Committee:<br />
Chairman (50) - - (50)<br />
Other member (25) - - (25)<br />
Executive Board and other senior<br />
executives in the Group:<br />
CEO (4,822) (827) (2) (5,651)<br />
CFO (4,399) (1,198) (2) (5,599)<br />
Other senior executives in the Group (12,930) (1,889) (1,658) (16,477)<br />
remuneration (24,932) (3,914) (1,662) (30,508)<br />
1 Annual remuneration was DKK 175 thousand per member in 2010.<br />
2 Annual remuneration was DKK 50 thousand per member in 2010.<br />
07 Research and development costs<br />
DKK million <strong>2011</strong> 2010<br />
Research and development costs incurred during the year<br />
Amortisation and impairment losses on development costs<br />
(669) (821)<br />
recognised in intangible assets (105) (97)<br />
Development costs recognised in intangible assets 48 137<br />
research and development costs recognised in profi t for the year (726) (781)<br />
Research and development costs incurred in <strong>2011</strong> comprised<br />
primarily development of wind farms in Denmark, the UK,<br />
Germany and Poland, development of bioethanol technology,<br />
biogas technology and biomass conversion as well as IT<br />
80 84 COnsOliDatED finanCial statEmEnts – <strong>DONG</strong> ENERGY GROUP <strong>ANNUAL</strong> <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>REPORT</strong> <strong>2011</strong><br />
<strong>2011</strong><br />
systems. In 2010, research and development costs primarily<br />
included development of wind farms in Denmark, development<br />
of thermal generation, bioethanol technology and IT systems.