Download Complete PDF - Informe Anual 2012

More documents

Recommendations

Info

30. REMUNERATION AND OTHER STATEMENTS MADE BY THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT The amounts due in 2012 and 2011 to the members of the Parent Company governing bodies, Board of Directors (15 members, 13 in 2011), Executive Committee (5 members) Audit and Control Committee (4 members) and Appointments and Remuneration Committee (3 members), for the remuneration of Executive Directors, attendance fees and allowances, are as follows: 30.1 Remuneration of the Board of Directors € Thousand Remuneration item 2012 2011 Fixed remuneration 1,072 900 Variable remuneration 86 417 Parent Company: allowances 192 113 Parent Company: attendance allowances 530 532 Compensation/other 1,128 6,340 Life insurance premiums - 52 Consolidated companies: allowances 2 2 Consolidated Companies: attendance allowances 95 28 Total 3,105 8,384 The “Compensation” item includes both compensation and remuneration under a post contractual non-competition agreement, received by Mr Mariano Pérez Claver, who left the Group on 23 November 2012. In 2011, the “Compensation” item includes both compensation and remuneration under a post contractual non-competition agreement, received by Mr Gabriele Burgio, who left the Group on 28 February 2011. The Board of Directors had 15 members at 31 December 2012, of which 1 is a woman and 14 are men (in 2011, there were 13 members: 2 women and 11 men). 30.2 Remuneration of Senior Management The remuneration of members of the Management Committee at 31 December 2012 and 2011, excluding those who simultaneously held office as members of the Board of Directors (whose remuneration has been set out above), is detailed below: € Thousand 2012 2011 Remuneration in cash 2,708 3,079 Remuneration in kind 52 35 Total 2,760 3,114 In 2012, the Management Committee unanimously accepted a voluntary 10% reduction in their fixed salaries. There were 10 members of Senior Management in 2012 (9 members in 2011). 30.3 Information on conflicts of interest among Directors At year-end 2012, the members of the Board of Directors of NH Hoteles, S.A. some people individuals associated with the Board, as defined in the Revised Text of the Capital Companies Act, held interests in the capital of the following companies engaged in the same, similar or complementary type of operations as those comprising the corporate purpose of NH Hoteles, S.A. 110 REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS
Holder Investee company Activity Number of shares Francisco Javier Illa Ruiz Hotel Comtat de Vic, S.A. Hotel Business 23.50% Francisco Javier Illa Ruiz Hoteles y Gestión, S.A. Hotel Business 1.09% José Antonio Castro Sousa Bonanova Squash Garden, S.A Hotel Business 100.00% José Antonio Castro Sousa Bristol Services, S.L. Hotel Business 100.00% José Antonio Castro Sousa Hotel Colibri, S.A. Hotel Business 100.00% José Antonio Castro Sousa Hotel Conde de Aranda, S.A. Hotel Business 100.00% José Antonio Castro Sousa Cordobatel, S.A. Hotel Business 65.47% José Antonio Castro Sousa Gerencias y Serv. Turísticos, S.A. Hotel Business 85.49% José Antonio Castro Sousa Hotelera Metropol, S.A. Hotel Business 85.82% José Antonio Castro Sousa Infond, S.A. Hotel Business 89.52% José Antonio Castro Sousa Desjust, S.L. Hotel Business 100.00% José Antonio Castro Sousa Hotelera Sant Just, S.A. Hotel Business 84.73% José Antonio Castro Sousa Playa del Oeste, S.A. Hotel Business 58.28% José Antonio Castro Sousa Hotelera del Noroeste, S.A. Hotel Business 100.00% José Antonio Castro Sousa Hotelera del Tormes, S.A. Hotel Business 100.00% José Antonio Castro Sousa Hotel Hesperia Madrid, S.L. Hotel Business 100.00% José Antonio Castro Sousa Hoteles Almeria, S.A. Hotel Business 66.29% José Antonio Castro Sousa Hotelera Salvatierra, S.A. Hotel Business 100.00% José Antonio Castro Sousa Hotelera del Este, S.A. Hotel Business 100.00% José Antonio Castro Sousa Hotel Fontoria, S.A. Hotel Business 100.00% José Antonio Castro Sousa Hotelera Paseo de Gracia, S.A. Hotel Business 100.00% José Antonio Castro Sousa Bercuma, S.L. Hotel Business 86.28% José Antonio Castro Sousa Hotels Hesperia Andorra, S.A. Hotel Business 99.99% José Antonio Castro Sousa Corp. Hotelera Hemtex, S.A. Hotel Business 100.00% José Antonio Castro Sousa Desarrollo Turístico Isla Bonita, C.A. Hotel Business 100.00% José Antonio Castro Sousa Inversiones HMR, C.A. Hotel Business 35.70% José Antonio Castro Sousa Hesperia del Golf, S.L. Hotel Business 100.00% José Antonio Castro Sousa Hesperia Purchasing Center, S.A. Procurement network 100.00% José Antonio Castro Sousa Hotelera de Levante, S.A. Hotel Business 100.00% José Antonio Castro Sousa Espesalud, S.L. Hotel Business 100.00% José Antonio Castro Sousa Fondotel, S.A. Hotel Business 96.88% Coporación Financiera Caja de Madrid NH Segovia, S.L. Hotel Business 46.73% Coporación Financiera Caja de Madrid AC Dos Norte, S.L. Hotel Business 3.33% Coporación Financiera Caja de Madrid Inversora de Hoteles Vacacionales, S.L. Hotel Business 25% Coporación Financiera Caja de Madrid Playa Hotels & Resorts, S.L. Hotel Business 7.23% Coporación Financiera Caja de Madrid Fontecruz Inversiones, S.A Hotel Business 9.89% Coporación Financiera Caja de Madrid Hotel Barcelona Golf, S.A. Hotel Business 16.64% Coporación Financiera Caja de Madrid VIP Cartera, S.L. Hotel Business 15.77% Participaciones y Cartera de Inversión, S.L. NH Segovia, S.L. Hotel Business 46.73% Participaciones y Cartera de Inversión, S.L. AC Dos Norte, S.L. Hotel Business 3.33% Participaciones y Cartera de Inversión, S.L. Inversora de Hoteles Vacacionales, S.L. Hotel Business 25% Participaciones y Cartera de Inversión, S.L. Playa Hotels & Resorts, S.L. Hotel Business 7.23% Participaciones y Cartera de Inversión, S.L. Fontecruz Inversiones, S.A Hotel Business 9.89% Participaciones y Cartera de Inversión, S.L. Hotel Barcelona Golf, S.A. Hotel Business 16.64% Participaciones y Cartera de Inversión, S.L. VIP Cartera, S.L. Hotel Business 15.77% Soc. de Promoción y Part. Emp. Caja de Madrid, S.A. NH Segovia, S.L. Hotel Business 46.73% Soc. de Promoción y Part. Emp. Caja de Madrid, S.A. AC Dos Norte, S.L. Hotel Business 3.33% Soc. de Promoción y Part. Emp. Caja de Madrid, S.A. Inversora de Hoteles Vacacionales, S.L. Hotel Business 25% Soc. de Promoción y Part. Emp. Caja de Madrid, S.A. Playa Hotels & Resorts, S.L. Hotel Business 7.23% Soc. de Promoción y Part. Emp. Caja de Madrid, S.A. Fontecruz Inversiones, S.A Hotel Business 9.89% Soc. de Promoción y Part. Emp. Caja de Madrid, S.A. Hotel Barcelona Golf, S.A. Hotel Business 16.64% Soc. de Promoción y Part. Emp. Caja de Madrid, S.A. VIP Cartera, S.L. Hotel Business 15.77% Regarding the interests held by the three Board Members representing Banco Financiero de Ahorros (in other words, Sociedad de Promoción y Participación Empresarial Caja Madrid, S.A., Corporación Financiera Caja de Madrid and Participaciones y Cartera de Inversión, S.L.) in seven companies with a similar corporate purpose to that of NH Hoteles, S.A., it should be pointed out that these are indirect holdings through various companies belonging to the Banco Financiero de Ahorros group. As a result of it, they appear in the details of these three board members. The breakdown of the positions held in companies engaged in the same, similar or complementary type of operations as those comprising the corporate purpose of NH Hoteles, S.A. and which do not belong to the Group or are not associated to it, by members the Parent Company’s Board of Directors and individuals associated with them, is as follows: REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS 111
Page 1 and 2:
ANNUAL REPORT 2012 CONSOLIDATED FIN
Page 3 and 4:
ANNUAL REPORT 2012 CONSOLIDATED FIN
Page 5 and 6:
8. TANGIBLE FIXED ASSETS 80 9. REAL
Page 7 and 8:
INDEPENDENT AUDITORS’ REPORT ON C
Page 9 and 10:
The consolidation of the Spanish ho
Page 11 and 12:
Benelux is different, given that it
Page 13 and 14:
OVERVIEW OF NH RISK POLICY NH’s o
Page 15 and 16:
EVOLUTION NH HOTELES - IBEX DECEMBE
Page 17 and 18:
ANNUAL CORPORATE GOVERNANCE REPORT
Page 19 and 20:
In the event of any modification or
Page 21 and 22:
Total number of executive directors
Page 23 and 24:
Name or trade name of director Trad
Page 25 and 26:
B.1.13 Indicate, on an aggregate ba
Page 27 and 28:
The proposals to appoint directors
Page 29 and 30:
) When they are removed from the ex
Page 31 and 32:
B.1.30 State the number of meetings
Page 33 and 34:
MR JOSÉ ANTONIO CASTRO SOUSA HOTEL
Page 35 and 36:
EXECUTIVE OR DELEGATE COMMITTEE Nam
Page 37 and 38:
) Competencies The primary function
Page 39 and 40:
C - RELATED-PARTY TRANSACTIONS C.1
Page 41 and 42:
Mechanisms for resolving possible c
Page 43 and 44:
Description of functions The Audit
Page 45 and 46:
The documents in which such delegat
Page 47 and 48:
II.4. Ratification and renewal of t
Page 49 and 50:
a) The transformation of listed com
Page 51 and 52:
See sections: B.1.2, B.1.27 and B.2
Page 53 and 54:
When the Board adopts significant o
Page 55 and 56:
45. Supervision of compliance with
Page 57 and 58:
G - OTHER USEFUL INFORMATION If you
Page 59 and 60: 1.2 Existence of the following elem
Page 61 and 62: In order to ensure the reliability
Page 63 and 64: CONSOLIDATED BALANCE SHEETS AT 31 D
Page 65 and 66: CONSOLIDATED STATEMENTS OF CHANGES
Page 67 and 68: REPORT ON THE CONSOLIDATED FINANCIA
Page 69 and 70: The Directors have assessed the pot
Page 71 and 72: The fair value of Resco Sotogrande,
Page 73 and 74: Intangible assets with an indefinit
Page 75 and 76: 4.7.4 Equity instruments An equity
Page 77 and 78: year-end are likewise charged to th
Page 79 and 80: The basic hypotheses used to estima
Page 81 and 82: In Italy, the most significant addi
Page 83 and 84: 11. NON-CURRENT FINANCIAL INVESTMEN
Page 85 and 86: As a general rule, these receivable
Page 87 and 88: iii) Other non-available reserves
Page 89 and 90: Mortgage guarantee loans, whether s
Page 91 and 92: On 26 October 2012, the Court of Ar
Page 93 and 94: 20. SHARE-BASED REMUNERATION SCHEME
Page 95 and 96: Provisions for pensions and similar
Page 97 and 98: Total Corporate Tax Income or Expen
Page 99 and 100: Year of origin Amount Offsetting De
Page 101 and 102: Contingent assets and liabilities T
Page 103 and 104: 27.3 Personnel expenses This item i
Page 105 and 106: 27.6 Financial expenses and changes
Page 107 and 108: FUNDING AGREEMENTS € Thousand 201
Page 109: 29.1 Information on main segments
Page 113 and 114: After the capital increase, the sha
Page 115 and 116: Similarly, the owners’ associatio
Page 117 and 118: ANNEX I: SUBSIDIARIES Data on the C
Page 119 and 120: Investee company Registered address
Page 121 and 122: ANNUAL REPORT OF THE AUDIT COMMITTE
Page 124: websites OF INTEREST: ITP INTERNATI
show all

Download Complete PDF - Informe Anual 2012

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

Delete template?

Save as template?