In 2017, the total remuneration recorded on an accrual basis by TIM or by companies controlled by the Group in respect of key managers amounted to 37.0 million euros (36.1 million euros in 2016). The figure breaks down as follows:
| 2017 | 2016 | 2015 | ||||||||||
| (millions of euros) | ||||||||||||
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Short-term remuneration |
10.4 | (1) | 13.1 | (4) | 11.4 | (5) | ||||||
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Long-term remuneration |
0.1 | (2) | 1.9 | |||||||||
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Employment termination benefit incentives |
25.5 | 12.0 | (5) | |||||||||
|
Share-based payments (*) |
1.0 | (3) | 9.1 | (6) | 2.5 | (7) | ||||||
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| 37.0 | 36.1 | 13.9 | ||||||||||
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| (*) | These refer to the fair value of the rights, accrued to December 31, under the share-based incentive plans of TIM S.p.A. and its subsidiaries (2014/2016 Stock Option Plan, Special Award, and Stock Option Plans of the South American subsidiaries). |
| (1) | of which 1.6 million recorded by Latin American subsidiaries. |
| (2) | of which 0.1 million recorded by Latin American subsidiaries. |
| (3) | of which 1.0 million recorded by Latin American subsidiaries. |
| (4) | of which 1.1 million recorded by Latin American subsidiaries. |
| (5) | of which 0.6 million recorded by Latin American subsidiaries. |
| (6) | of which 0.2 million recorded by Latin American subsidiaries. |
| (7) | of which 0.4 million recorded by Latin American subsidiaries. |