07.04.2013 Views

ANNUAL REPORT 2011 - DONG Energy

ANNUAL REPORT 2011 - DONG Energy

ANNUAL REPORT 2011 - DONG Energy

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!