32. Related Party Transactions
Compensation of members of the Board of Directors
Compensation of members of the Executive Committee
FINANCIAL STATEMENTS
(in millions of except numbers of shares and earnings per share)
2014
2013
2012
Net profit from continuing operations
189
272
297
Net profit (loss) from continuing operations attributable to non-controlling interests
1
3
(2)
Group share in net profit from continuing operations for basic and diluted earnings
188
269
299
Result from discontinued operations, net of tax
(99)
(90)
(194)
Group share in net profit for basic and diluted earnings
89
179
105
Weighted average number of ordinary shares outstanding
101 434 118
101 029 095
100 777 257
Adjusted for dilutive effect of share-based awards
502 669
537 646
356 326
Weighted average number of diluted ordinary shares outstanding
101 936 787
101 566 741
101 133 583
Basic earnings per ordinary share (in
From continuing operations
1.85
2.65
2.96
From discontinued operations
(0.97)
(0.89)
(1.92)
Basic EPS attributable to the equity holders of the Group
0.88
1.77
1.04
Diluted earnings per ordinary share (in
From continuing operations
1.84
2.64
2.95
From discontinued operations
(0.97)
(0.88)
(1.91)
Diluted EPS attributable to the equity holders of the Group
0.87
1.76
1.04
Several of the Group's subsidiaries provide post-employment benefit plans for the benefit of employees of the Group. Payments
made to these plans and receivables from and payables to these plans are disclosed in Note 21.
The individual Directors' remuneration granted for the fiscal years 2014, 2013 and 2012 is set forth in the "Corporate
Governance" section of this annual report. The total gross remuneration of Directors, before deduction of withholding taxes, is as
follows:
(in thousands of 2014 2013 2012
Total remuneration non-executive Directors
1 121
985
998
Executive Director
Pierre-Olivier Beckers-Vieujant(1)
80
80
Total 1 121 1 065 1 078
(1) The amounts solely relate to his remuneration as Executive Director and do not include his compensation as CEO. His director remuneration for 2014 is included
in the total remuneration for non-executive directors.
The table below sets forth the number of performance and restricted stock unit awards, stock options and warrants granted by
the Group during 2014, 2013 and 2012 to its Executive Committee. For more details on the share-based incentive plans, see
Note 21.3.
2014 2013 2012
Performance stock unit awards(1)
89 850
32 359
Restricted stock unit awards
62 349
Stock options and warrants
280 974
527 737
(1) Performance stock unit awards, expressed in Delhaize Group shares, include 44 207 units awarded in the U.S. and 45 643 in Europe.
For information regarding the number of performance and restricted stock unit awards, stock options and warrants granted as
well as the compensation effectively paid (for services provided in all capacities to the Group) during the respective years to the
Chief Executive Officers and the other members of the Executive Committee, we refer to the Remuneration Report included in
the "Corporate Governance Statement" of this annual report.
The aggregate compensation for the members of Executive Committee recognized in the income statement is summarized
hereafter.
