annual report 2008 Pelikan Holding AG

Pelikan Holding AG, Feusisberg
5. Loans receivable from subsidiary companies
The loans receivable are stated at their nominal value less any necessary valuation adjustments.
6. Capital stock
At December 31, 2008, the capital stock of CHF100.1 million comprises the following shares:
539,000 Registered shares of nominal CHF65
1,001,000 Bearer shares of nominal CHF65
7. Revaluation reserve
Revaluation reserve relates to the revaluation of the investments that exceeds the original acquisition costs.
This reserve cannot be used for dividend distributions. It can only be utilised by conversion into share capital,
depreciation of the revalued assets or on the sale of the revalued assets.
8. Bank liabilities
The bank liabilities of the Company amounting to CHF 4.3 million (2007: CHF 5.0 million) are secured by shares
in a subsidiary, German Hardcopy AG, at carrying value of CHF 6.6 million (2007: CHF 6.6 million).
9. Payables to subsidiary companies
At the end of 2008, payables to subsidiary companies include mainly the liabilities to Pelikan GmbH, Hanover,
Germany, in the amount of CHF 3.2 million (2007: CHF 6.6 million).
10. Compensation, shareholdings and loans
Remuneration of members of the Board of Directors in 2008
CHF (000)
Compensatio
n for Board
committee
members
Pension, social
insurance fund
and benefits in
kind
Total
2008
Total
2007
Salaries Bonus
Executive directors
Loo Hooi Keat* - - - - - -
Ng Cheong Seng 77 5 - 31 113 -
Peter Raijmann 253 - - 29 282 -
Non-executive
director
Thomas Pfister 83 16 10 7 116 242
Total remuneration of
Board of Directors 413 21 10 67 511 242
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