47 Main subsidiaries
Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
The table below shows the remuneration (excluding VAT and
other charges) for individual members of the Supervisory Board.
in thousands of euros
Remuneration
W. Dekker
341
I.P. Asscher-Vonk
100
C.H. van Dalen (temporarily stepped down on 6-11 -2015)
66
L.N. Degle
85
S.L.J. Graafsma
110
E.A.J, van de Merwe
103
R. Teerlink (Vice Chairman as of 1 -4-2015)
99
C.P. Veerman (in office until 7 March 2015)
17
A.A.J.M. Kamp
85
M. Trompetter (in office as of 23 September 2015)
24
Total 2015
1,030
Total 2014
1,084
At Rabobank, the Chairman of the Supervisory Board holds
a number of roles which are related to the cooperative.
These roles are specified in the Annual Report.
in millions of euros Executive Board Supervisory Board
Loans, advances and guarantees 2015 2014 2015 2014
Outstanding on 1 January 4.9 3.4 2.6 1.5
Provided during the year 1.2 - - 0.1
Redeemed during the year (1.8) (1.1) (0.7) (0.1)
Reduction on account of leaving office - (0.2) (0.9)
Increase on account of taking office - 2.8 0.4 1.1
Outstanding on 31 December 4.3 4.9 1.4 2.6
At year-end 2015, the members of the Supervisory Board not
listed in the table had not received any loans, advances or
guarantees. These transactions with members of the Executive
Board and Supervisory Board were completed in person on
the basis of employee terms and conditions and/or market
rates for the Supervisory Board. The rates depend in part on
the currency, the agreed fixed-interest period and the time the
transaction was completed or the time a new fixed-interest
term becomes effective.
Several members of the Executive Board and Supervisory
Board have invested in Rabobank Certificates in person and/or
through their own pension B.V. At year-end 2015, this involved
in total 40,950 certificates.
Number of Rabobank
Certificates
On 31 December 2015
A. Bruggink 12,166
I.P. Asscher-Vonk 6,894
L.N. Degle 4,640 in pension B.V.
S.L.J. Graafsma 4,050 in pension B.V.
C.H. van Dalen 13,200
At the year-end 2015, Rabobank Group consists of 106
independent local Rabobanks in the Netherlands, members
of the central organisation Coöperatieve Centrale Raiffeisen-
Boerenleenbank B.A. and a number of specialised subsidiaries.
On 31 December 2015 Share Voting rights
Main subsidiaries
The Netherlands
DLL International B.V. 100% 100%
Rabo Vastgoedgroep N.V. 100% 100%
FGH Bank N.V. 100% 100%
OWM Rabobanken B.A. 100% 100%
Obvion N.V. 100% 100%
Rabohypotheekbank N.V. 100% 100%
Rabo Merchant Bank N.V. 100% 100%
Raiffeisenhypotheekbank N.V. 100% 100%
Other Eurozone countries
ACC Loan Management Limited 100% 100%
North America
Rabobank Capital Funding LCC III to VI 100% 100%
Rabobank Capital Funding Trust III to VI 100% 100%
Utrecht America Holdings Inc. 100% 100%
Australia and New Zealand
Rabobank Australia Limited 100% 100%
Rabobank New Zealand Limited 100% 100%
The loans, advances and guarantees of the members of the
Executive Board in office on 31 December 2015 and the average
interest rates were as follows:
Outstanding Average interest
in millions of euros loans rate (in
On 31 December 2015
R.J. Dekker 1.2 1.6
B.J. Marttin 0.4 4.4
H. Nagel 1.0 1.9
J.L. van Nieuwenhuizen 1.7 3.3
The loans, advances and guarantees of the members of the
Supervisory Board in office on 31 December 2015 and the
average interest rates were as follows:
Outstanding Average interest
in millions of euros loans rate (in
On 31 December 2015
A.A.J.M. Kamp 1.0 2.7
M. Trompetter 0.4 4.9
241 Notes to the consolidated financial statements
