NWG // FINANCIAL INFORMATION //
THE GROUP
senior executives ; these matters are dealt with exclusively by the Board . The salaries of the senior executives are decided by the CEO after consultation with the Chariman of the Board . The Board members ' fees are decided by the Annual General Meeting .
A remuneration committee for the Parent company ' s Board has not been elected . The fees paid to the Chairman of the Board and the Board members are in accordance with the decision of the Annual General Meeting .
Board members ' fees 2020 2019
External members of the Parent |
|
|
company ' s Board |
1.4 |
1.2 |
Of which to the Chairman of the Board 0.4 0.4
Salaries and other remuneration distributed by Board members and other senior executives
SEK million |
2020 Salaries and other remuneration |
Of which bonus |
Pension costs |
2019 Salaries and other remuneration |
Of which bonus |
Pension costs |
Torsten Jansson , CEO |
0.7 |
0.0 |
0.3 |
0.9 |
0.0 |
0.3 |
Olof Persson , Chairman of the Board |
0.4 |
0.0 |
0.0 |
0.4 |
0.0 |
0.0 |
Christina Bellander , Board Member |
0.2 |
0.0 |
0.0 |
0.2 |
0.0 |
0.0 |
Mats Årjes , Board Member |
0.2 |
0.0 |
0.0 |
0.2 |
0.0 |
0.0 |
M . Johan Widerberg , Board Member |
0.2 |
0.0 |
0.0 |
0.2 |
0.0 |
0.0 |
Jonas Eriksson , Board Member |
0.2 |
0.0 |
0.0 |
0.1 |
0.0 |
0.0 |
Magdalena Forsberg , Board Member |
0.2 |
0.0 |
0.0 |
0.1 |
0.0 |
0.0 |
Other senior executives * |
11.4 |
0.3 |
2.4 |
13.9 |
1.9 |
2.3 |
Total |
13.5 |
0.3 |
2.7 |
16.1 |
1.9 |
2.7 |
* See pages 54-55 .
Warrants
The Group has no outstanding warrants .
Pension obligations
For financial year 2020 the company has not had access to information in order to account for its proportionate share of the Alecta-plan ' s obligations , plan assets and costs which meant that the plan has not been possible to account for as a defined benefit plan . The pension plan ITP 2 secured through insurance in Alecta is therefore recognized as a defined contribution plan . The premium for the defined benefit retirement and family pension is individually calculated and is dependent on factors including salary , previously earned pension and expected remaining period of service . Expected premiums for the coming financial year amount to SEK 9.4 ( 9.5 ) million .
The collective funding level is the market value of Alecta ’ s assets in percent of the commitments calculated in accordance with Alecta ´ s calculation assumptions for insurance purposes , which do not comply with IAS 19 . The collective consolidation level is normally allowed to vary between 125 % and 155 %. If Alecta ’ s consolidation level fall below 125 % or exceed 155 %, measures should be taken in order to create conditions to reestablish the consolidation level to the normal range . At low consolidation , a measure can be to raise the agreed price for new agreements . At high consolidation , a measure can be to introduce premium reductions . Alecta ’ s collective funding ratio at the end of the year was 148 % ( 148 %).
ANNUAL REPORT // 079