Note 3 Payroll, fees, no. of employees etc.

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Note 3 Payroll, fees, no. of employees etc.        
             
Amounts in NOK 1000       Note 2014 2013
Wages and salaries         23 553 18 763
Social security costs         3 916 2 787
Shares options for directors and key personnel       4 6 951 10 211
Pension costs – defined contribution plans         1 508 811
Other personnel costs         828 664
Total         36 756 33 236
             
Average number of employees         14 14
             
The Company has a pension scheme covering all employees at 31.12.2014. The pension scheme is funded and managed through an insurance company.            
             
             
The board’s guidelines and principles for the determination of salary and other remuneration to the management group are included in the financial statements for the group.    
             
The accumulated cost of salaries, pensions and other benefits to the CEO, CFO and board members in 2014 were as follows:
Remuneration to senior employees in 2014 (TNOK) Salary Bonus Accumulated, not yet paid*) Options exercised during year Other benefits Total
Morten Vike (resigned as CEO 17.10.2014) 3 149 442 6 075 7 542 306 17 514
Atle Harald Sandtorv (CFO/acting CEO) 1 777 248 119 0 144 2 288
Knut Utheim (COO from 01.04.2014) 1 126 0 89 0 99 1 314
Total remuneration incl. social security costs           21 118
*) The amount consists of accumulated, not paid benefits to former CEO            
             
Board members            
Per Grieg jr. 1)         406 406
Terje Ramm – until 11.06.2014 2)         102 102
Wenche Kjølås 2)         246 246
Karin Bing-Orgland 1) and 2)         236 236
Asbjørn Reinkind 1)         275 275
Ola Braanaas – from 11.06.2014 1)         130 130
Total remuneration incl. social security costs           1 395
             
1) The payment for work done in the remuneration committee is included in the remuneration to Per Grieg jr. with NOK 11 409, to Asbjørn Reinkind with NOK 11 409, to Karin Bing-Orgland with NOK 5 705, and to Ola Braanaas with NOK 6 655.
2) The payment for work done in the audit committee is included in the remuneration to Terje Ramm with NOK 14 250, to Wenche Kjølås with NOK 34 200, and to Karin-Bing Orgland with NOK 18 999. The amounts include social security costs.
             
The accumulated cost of salaries, pensions and other benefits to the CEO, CFO and board members in 2013 were as follows:
Remuneration to senior employees in 2013 (TNOK) Salary Bonus   Options exercised during year Other benefits Total
Morten Vike (CEO) 2 667 0   1 858 267 4 792
Atle Harald Sandtorv (CFO) 1 378 0   1 815 127 3 320
Total remuneration incl. social security costs           8 112
             
Board members            
Per Grieg jr. 1)         397 397
Terje Ramm 2)         241 241
Wenche Kjølås 2)         240 240
Ingelise Arntsen         83 83
Asbjørn Reinkind 1)         270 270
Karin Bing-Orgland         130 130
Total remuneration incl. social security costs           1 361
             
1)Remuneration for work done in the remuneration committee is included in the payment to Per Grieg jr. with NOK 9 516, to Asbjørn Reinkind with NOK 11 410, and to Karin Bing-Orgland with NOK 6 661.
2) Remuneration to Terje Ramm and Wenche Kjølås includes payment for for work done in the audit committee in the sum of NOK 28 525. The amounts include social security costs.
           
Specification of auditor’s fee         2014 2013
Statutory audit         1 059 879
Tax advisory fee         140 64
Other assurance services         8 0
Other services         25 116
Total         1 232 1 059
             

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