Loans and advances to Executive Board members
The table below presents the loans and advances provided to Executive Board members and outstanding on 31 December 2007, 2006 and 2005. These loans were concluded in the normal course of business and on terms generally applicable to Company personnel as a whole and were approved by the Supervisory Board.
Loans and advances to the individual members of the Executive Board
| Amount outstanding 31 December | Average interest rate | Repay- ments |
Amount outstanding 31 December | Average interest rate | Repay- ments |
Amount outstanding 31 December | Average interest rate |
Repay- ments |
|
|---|---|---|---|---|---|---|---|---|---|
| amounts in thousands of euros | 2007 | 2006 | 2005 | ||||||
| Eric Boyer de la Giroday | 24 | 4.3% | 4 | 28 | 4.3% | 3 | 31 | 4.3% | 3 |
| Dick Harryvan | 227 | 3.5% | 200 | 427 | 3.9% | ||||
| John Hele | 635 | 5.6% | |||||||
| Hans van der Noordaa | 930 | 4.4% | 930 | 4.4% | |||||
| Koos Timmermans | 380 | 4.6% | |||||||
| Jacques de Vaucleroy | 180 | 5.5% | 12 | 192 | 5.5% | 17 | |||
| Cees Maas(1) | 446 | 4.0% | 446 | 4.0% |
(1) Cees Maas retired on 1 June 2007.