85 / 130
compensation are recognized over the vesting period. 3 783 shares (2014: 4 193 shares) valued at
CHF 213.60 (2014: CHF 136.60) were granted in 2015, and expenses of CHF 0.6 million (2014:
CHF 0.5 million) were recognized in wages and salaries.
The Board of Directors and the Group Executive Board receive part of their remuneration in
Autoneum shares. These transactions are disclosed in the Remuneration report (page 104–107).
6 Other expenses
CHF million
2015
2014
Energy, maintenance and repairs
148.8
141.3
Marketing and distribution costs
63.0
51.4
Miscellaneous expenses
36.5
28.5
Operating leasing expenses
32.6
31.3
Settlement with the German Federal Cartel Office
1
31.5
-
Audit and consulting expenses
20.9
18.8
IT and office expenses
16.9
18.9
Insurance and other charges
16.3
15.1
Total
366.6
305.3
1
Refer to note 29, page 98.
7 Other income
Other income contains mainly income generated with by-products arising during the manufacturing
process. In 2014, the gain of CHF 1.8 million from the sale of the former subsidiary Porfima Due S.r.l.,
Torino (Italy), is included (refer to note 3, p. 78).
8 Depreciation and amortization
CHF million
2015
2014
Depreciation of tangible assets
63.4
65.5
Amortization of intangible assets
1.7
1.0
Total
65.1
66.5
9 Financial income
CHF million
2015
2014
Interest income
0.7
0.8
Other financial income
0.3
0.2
Total
0.9
1.0
81
Autoneum
Financial Report 2015
Consolidated financial statements