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74 Cathay Pacific Airways Limited Annual Report 2005
23. Directors’ and executive officers’ remuneration
(a) Directors’ remuneration disclosed pursuant to the Listing Rules is as follows:
Cash Non-cash
Basic Bonus
salary/ Contributions paid into
Directors’ Allowances to retirement retirement Housing 2005 2004
fee* Bonus & benefits schemes schemes benefits Total Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
Executive Directors
David Turnbull 1,193 739 20 250 234 836 3,272 11,302
Robert Atkinson 1,740 1,060 209 365 626 1,984 5,984 5,894
Philip Chen 3,400 3,409 2,124 359 – – 9,292 9,186
Derek Cridland 1,786 1,317 320 12 – 985 4,420 4,435
Tony Tyler 2,850 1,942 222 599 735 2,185 8,533 7,663
Non-Executive
Directors
Martin Cubbon – – – – – – – –
Henry Fan 160* – – – – – 160 160
James Hughes-Hallett – – – – – – – –
Vernon Moore 310* – – – – – 310 310
Raymond Yuen 900 660 806 95 – – 2,461 1,992
Carl Yung 160* – – – – – 160 160
Zhang Xianlin 160* – – – – – 160 160
Independent
Non-Executive
Directors
Peter Lee 360* – – – – – 360 360
Raymond Or 310* – – – – – 310 310
Jack So 310* – – – – – 310 310
Tung Chee Chen 210* – – – – – 210 210
Total 13,849 9,127 3,701 1,680 1,595 5,990 35,942 42,452
For Directors employed by the Swire group, the remuneration disclosed represents the amount charged to
the Company. Bonus is related to services for 2004 but paid and charged to the Company in 2005. Allowances
and benefits of Philip Chen and Raymond Yuen include housing allowances of HK$2,040,000 and HK$300,000
respectively.
Notes to the Accounts Directors and Employees