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.