Remuneration – PKO Bank Polski SA
key management

a)    short-term employee benefits*

Remuneration received from PKO Bank Polski SA

Short-term employee benefits 2011 2010
The Management Board of the Bank 10 937 6 831
The Supervisory Board of the Bank 1 088 621
Total 12 025 7 452

Remuneration received from related companies (other than the State Treasury and entities related to the State Treasury)

Short-term employee benefits 2011 2010
The Management Board of the Bank 47 137 
Total 47 ** 137 ***

b) post-employment benefits

As at 31 December 2011 and 31 December 2010 no post-employment benefits were granted.

c) other long-term benefits

As at 31 December 2011 and 31 December 2010 no ‘other long-term benefits’ were granted.

d) benefits due to termination of employment

As at 31 December 2011 benefits paid due to termination of employment amounted to PLN 1 920 thousand, as at 31 December 2010 benefits paid due to termination of employment amounted to PLN 1 440 thousand.

e) share-based payments

As at 31 December 2011 and 31 December 2010 no benefits were granted in the form of share-based payments.

Loans, advances and guarantees provided by the Bank to the management and employees

  31.12.2011 31.12.2010
The Management Board memebers 130 199
The Supervisory Board members  2 415 2 400
Total 2 545 2 599

Interest conditions and repayment periods of the above-mentioned items are set at arm’s length.

Remuneration received by members of the Management Board and the Supervisory Board of the PKO Bank Polski SA Group subsidiaries

Short-term employee benefits 2011 2010
The Management Board 19 753 14 099
The Supervisory Board 173 539
Total 19 926 14 638

*Includes remuneration from the Bank and the Bank’s subsidiaries, unless stated otherwise.
** Includes remuneration from associates in the amount of PLN 15 thousand.
*** Includes remuneration from associates in the amount of PLN 46 thousand.