A new system to grant variable remuneration components to certain Group executives was implemented in financial year 2009. As at 31 March 2010, an amount of €6 million (31 December 2009: €5 million) was transferred to the capital reserve for the 2009 and 2010 tranches of the Share Matching Scheme.
Capital reserve
|
||
| €m | ||
| 2009 | 2010 | |
| Balance at 1 January | 2,142 | 2,147 |
| Addition: Share Matching Scheme 2009 | 5 | 5 |
| Addition: Share Matching Scheme 2010 | 0 | 1 |
| Balance at 31 December 2009/31 March 2010 | 2,147 | 2,153 |
The SAR provisions for other share-based payment systems for executives (Board of Management and executives) amounted to €21 million as at 31 March 2010 (31 December 2009: €16 million).