24. Related party transactions
Transactions between the Group and its employees, consultants or directors are disclosed below.
Compensation of key management personnel
Key management personnel are identified as being the CEO, CFO, CTO and CMO.
The combined remuneration package of key management was as follows:
|
|
|
Years ended December 31, |
|
||||
|
Thousands of euros |
|
2017 |
|
2016 |
|
2015 |
|
|
Short-term benefits |
|
1,823 |
|
1,600 |
|
1,387 |
|
|
Post-employment benefits |
|
94 |
|
87 |
|
86 |
|
|
Share-based payments |
|
674 |
|
470 |
|
104 |
|
|
Total |
|
2,591 |
|
2,157 |
|
1,577 |
|
|
|
|
|
|
|
|
|
|
No loan, quasi-loan or other guarantee is outstanding with members of the management team.
Transactions with non-executive directors
Non-executive directors that represent shareholders of the Company receive no compensation for their position as directors.
The independent directors receive a fee for attending and preparing the meetings of the BoD and they receive reimbursement for expenses directly related to the board meetings.
|
|
|
As at December 31, |
|
||||
|
Thousands of euros |
|
2017 |
|
2016 |
|
2015 |
|
|
Short-term benefits |
|
234 |
|
158 |
|
173 |
|
|
Share-based payments |
|
52 |
|
39 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
Total |
|
286 |
|
197 |
|
173 |
|
|
|
|
|
|
|
|
|
|
No advances or credits have been granted to any member of the BoD. None of the members of the BoD has received any non-monetary remuneration other than warrants.