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Total remuneration for the individual members of the
Supervisory Board for meetings in the Supervisory
Board Committee on Internationalisation of
Koelnmesse GmbH was as follows:
1
Individual values rounded
2
Total value represents the total of unrounded amounts
Of the total remuneration paid at Koelnmesse GmbH,
TEUR 41 is paid to the Supervisory Board, TEUR 5 to
the Finance Committee and TEUR 8 to the Commit-
tee on Internationalisation. The remuneration of the
Supervisory Board within the consolidated companies
(Koelnmesse GmbH and Koelnmesse Ausstellungen
GmbH) totals to TEUR 44.
The total fee charged by the BDO AG accounting
firm in the 2015 fiscal stood at TEUR 173. Of this
amount, TEUR 83 applies to the audit of the annual
and consolidated financial statements (including
TEUR 53 for Koelnmesse GmbH) and TEUR 90 to
other services.
During the 2015 fiscal year, Koelnmesse GmbH
granted a short-term euro loan in the amount of
TEUR 3,800 to the Brazilian subsidiary in order to
permit the subsidiary to finance an acquisition as
expediently as possible. On the advice of Brazilian
lawyers and consultants, this loan was granted free of
interest in order to provide the funds in the short
term. In 2016, half of the loan will be converted to
equity and the other half to a new, interest-bearing,
long-term loan.
No important business under normal market
conditions was conducted during the fiscal year with
affiliated individuals or companies not included in
the consolidated financial statement as direct or
indirect wholly owned subsidiaries.
In fiscal year 2005, Koelnmesse GmbH concluded an
interest-rate swap and an interest-rate cap agree-
ment in order to hedge against the interest rate-rela-
ted risks of a bank loan originally totalling TEUR
46,400. The loan subject to the interest-rate swap
had a value of TEUR 4,218 as of the reporting date.
The term of this derivative began on 1 April 2006 and
extends to 31 December 2016. The accrued-interest
deal provides for a swap, a cap and a floor. The
interest-rate swap and cap are valued at TEUR 0 as at
the balance sheet date. The market value of the floor
as at 31 December 2015 is TEUR 83. A provision for
contingent losses was constituted in this amount. The
market value was determined on the basis of the
curve of the interest-rate structure and the interest
rate volatilities traded on 31 December 2015.
A valuation unit within the meaning of § 254 HGB
was not constituted.
Remuneration for members of
the Supervisory Board
Total remuneration
1
TEUR
Jürgen Roters (Chairman)
13.4
Henriette Reker (Chairwoman)
1.5
Kirsten Jahn (1st Vice Chairwoman)
4.9
Claudia Wörmann-Adam (2nd Vice Chairwoman) 2.3
Torsten Burmester
1.8
Susana dos Santos Herrmann
1.5
Dr. Ralph Elster
2.8
Jochen Felix
1.3
Reinhard Houben
1.0
Axel Kaske
3.5
Niklas Kienitz
1.3
Alfred Kohlenberg
1.8
Dr. Barbara Lübbecke
1.8
Dr. Rüdiger Messal
2.8
Bernd Petelkau
2.0
Ulf C. Reichardt
1.8
Manfred Richter
1.3
Ingo Riedeberger
1.3
Matthias Schlüter
2.3
Martin Schumaier
1.0
Alexander Stary
1.3
Torsten Weil
2.0
Total
2
54.0