The key management comprises the Management and Supervisory Boards of the parent company and significant subsidiaries.
PLN '000 | Year ended December 31, 2019 |
Year ended December 31, 2018 |
Short-term employee benefits (salaries and salary related costs) | 34,214 | 36,163 |
Post-employment benefits | 1,672 | 4,624 |
TOTAL REMUNERATION OF KEY MANAGEMENT PERSONNEL | 35,886 | 40,787 |
Remuneration of key management personnel of entities of non-core operations | 22,875 | 19,664 |
TOTAL REMUNERATION OF KEY MANAGEMENT PERSONNEL | 58,761 | 60,451 |
PLN '000 | Year ended December 31, 2019 |
Year ended December 31, 2018 |
Management Board of the parent company | 7,201 | 7,858 |
including post-employment benefits | 199 | – |
Supervisory Board of the parent company | 733 | 685 |
Management Boards – subsidiaries | 24,348 | 29,211 |
Supervisory Boards – subsidiaries | 3,604 | 3,033 |
TOTAL | 35,886 | 40,787 |
Remuneration of key management personnel of entities of non-core operations | 22,875 | 19,664 |
TOTAL REMUNERATION OF KEY MANAGEMENT PERSONNEL | 58,761 | 60,451 |
PGE Group companies (direct and indirect subsidiaries) apply a rule according to which management board members 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.