31.3 Management remuneration

The key management comprises the Management Board and the Supervisory Board of the parent company and significant subsidiaries.

PLN ‘000 Year ended
December 31, 2020
Year ended
December 31, 2019
Short-term employee benefits (remuneration and surcharges) 34,709 34,214
Post-employment benefits 3,289 1,672
TOTAL REMUNERATION OF KEY MANAGEMENT PERSONNEL 37,998 35,886
Remuneration of key management personnel in companies conducting non-core activities 24,787 22,875
TOTAL MANAGEMENT REMUNERATION 62,785 58,761

PLN ‘000 Year ended
December 31, 2020
Year ended
December 31, 2019
Management Board of the parent company 7,201 7,201
including post-employment benefits 49 199
Supervisory Board of the parent company 761 733
Management Boards – subsidiaries 26,332 24,348
Supervisory Boards – subsidiaries 3,704 3,604
TOTAL 37,998 35,886
Remuneration of key management personnel in companies conducting non-core activities 24,787 22,875
TOTAL MANAGEMENT REMUNERATION 62,785 58,761

The PGE Capital Group companies (indirect and direct subsidiaries) follow the principle according to which members of the Management Board are employed on the basis of  management services contracts. The above remuneration is included in other costs by nature disclosed in note 7.2 Costs by nature and function.

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