Basic HTML Version
71
FINANCIAL STATEMENTS, MANAGEMENT AND CORPORATE GOVERNANCE REPORT.
2011
17. SHARE-BASED PAYMENT SCHEMES
As of the date of preparation of these financial statements, the share option plans for which the conditions for their
being granted have been fulfilled are as follows:
Strike term
No. Of
options
1/1/11
Additions Disposals
No. Of
options
31/12/11
Granted to
employees
of the
company
Granted
to
employees
of the
Group
Strike
price
Assignment
date
From To
2007 share-
based payments
plan
1,042,650
-
-
1,042,650 545.750 496.900 19.74 € 25/07/07 25/07/10 24/07/12
2008 share-
based payments
plan
572,325
-
-
572,325 292.375 279.950 7.13 € 30/07/08 30/07/11 29/0713
2009 share-
based payments
plan
319,163
-
-
319,163 162.688 156.475 5.21 € 29/07/09 29/07/12 28/07/14
2010 share-
based payments
plan
1,297,650
-
-
1,297,650 671,750 625,900 7.00 € 28/07/10 28/07/13 27/07/15
2011 share-
based payments
plan
-
673,225
-
504,919 396,275 108,644 5.83 € 27/07/11 27/07/14 26/07/16
Strike term
No. Of
options
1/1/10
Additions Disposals
No. Of
options
31/12/10
Granted to
employees
of the
company
Granted to
employees
of the
Group
Strike
price
Assignment
date
From To
2007 share-
based
payments plan
1.042.650
-
-
1.042.650 545.750 496.900
19.74
€
25/07/2007 25/07/2010 24/07/2012
2008 share-
based
payments plan
572.325
-
-
572.325 292.375 279.950 7.13 € 30/07/2008 30/07/2011 29/07/2013
2009 share-
based
payments plan
319.163
-
-
319.163 162.688 156.475 5.21 € 29/07/2009 29/07/2012 28/07/2014
2010 share-
based
payments plan
-
1,297,650
-
1,297,650 671,750 625,900 7.00 € 28/07/2010 28/07/2013 27/07/2015
The beneficiaries of these plans are directors and executive directors of Group companies.
As a result of these plans, EUR 780 thousand were recognised in the 2011 income statement. In the 2010 income
statement, as a result of these plans, EUR 666 thousand were recognised.
The increase in the value of investments in the Company due to the recognition of stock options granted to employees
of the investees is as follows: