|
CHF million, except FTE |
|
|
Financial year ended 30.06.2023 |
% |
|
Financial year ended 30.06.2022 |
% |
|
Personnel expenses |
|
|
1,127.9 |
100.0 |
|
1,093.9 |
100.0 |
|
Salaries and wages |
|
|
905.5 |
80.3 |
|
877.6 |
80.3 |
|
Social security expenses |
|
|
170.4 |
15.1 |
|
175.5 |
16.0 |
|
Share-based payments |
|
|
7.1 |
0.6 |
|
7.0 |
0.6 |
|
Pension cost (see note 2.5) |
|
|
35.6 |
3.2 |
|
27.0 |
2.5 |
|
Employment termination expenses |
|
|
8.3 |
0.7 |
|
6.0 |
0.5 |
|
Other benefits |
|
|
1.0 |
0.1 |
|
0.8 |
0.1 |
|
Employees at balance sheet date |
|
|
15,352 |
|
|
15,795 |
|
|
Average number of full-time equivalent employees |
|
|
15,519 |
|
|
15,495 |
|
|
Average number of employees per segment 1 |
|
|
15,519 |
100.0 |
|
15,495 |
100.0 |
|
Region Americas |
|
|
1,534 |
9.9 |
|
1,730 |
11.1 |
|
Region Asia Pacific |
|
|
3,561 |
22.9 |
|
3,527 |
22.8 |
|
Region Europe & Africa |
|
|
4,093 |
26.4 |
|
3,932 |
25.4 |
|
Operations |
|
|
3,225 |
20.8 |
|
3,188 |
20.6 |
|
Key & Wall Solutions |
|
|
1,905 |
12.3 |
|
1,918 |
12.4 |
|
Global Research and Development |
|
|
698 |
4.5 |
|
653 |
4.2 |
|
Corporate |
|
|
503 |
3.2 |
|
547 |
3.5 |
|
Average number of employees per geographical region |
|
|
15,519 |
100.0 |
|
15,495 |
100.0 |
|
Switzerland |
|
|
932 |
6.0 |
|
886 |
5.7 |
|
Germany |
|
|
2,788 |
18.0 |
|
2,768 |
17.9 |
|
Rest of EMEA |
|
|
4,018 |
25.9 |
|
3,842 |
24.8 |
|
Americas |
|
|
3,462 |
22.3 |
|
3,680 |
23.7 |
|
Asia Pacific |
|
|
4,319 |
27.8 |
|
4,319 |
27.9 |
1 The internal functional allocation relating to the new operating model implemented as of January 2022 was further improved. To enable a fair comparison with the current year, prior-year disclosure was adjusted accordingly.
The Nomination and Compensation Committee nominates individual Executive Committee (EC) members and other members of Senior Management for long-term incentive awards. The long-term incentive award in the 2022/23 financial year is granted in full in the form of performance share units of dormakaba subject to a three-year performance-based vesting period. The award is designed to reward participants for the future performance of the earnings per share (EPS) and the relative total shareholder return (TSR) of the company over the three-year performance period. Both performance conditions are equally weighted at 50%. The vesting level may range from 0% to a maximum of 200% of the original number of units granted (maximum two shares for each performance share unit originally granted).
The fair value of the performance share units at the grant date comprises adjustments for lost dividends during the vesting periods and the TSR performance condition. The expenses for the performance share units are allocated on a straight-line basis over the vesting period.
The restricted shares allocated to the members of the Board of Directors (BoD) are blocked for three years.
The fair value of the restricted shares corresponds to the value of the closing price of the dormakaba Holding AG share on the SIX Swiss Exchange as at the business day prior to the date of the allocation.
Further information about the allocation of treasury shares is disclosed in the note on share capital and treasury shares (3.2), and further details about long-term incentive stock award plans are outlined in the Compensation Report.