Holiday Inn 2015 Annual Report Download - page 149

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2. Directors’ remuneration
The average number of Directors employed by the Company during the year, analysed by category, was as follows:
2015 2014
Non-Executive Directors 99
Executive Directors 34
12 13
2015
£m
2014
£m
Directors’ emoluments
Base salaries, fees, performance payments and benefitsa5.2 5.5
Pension benefits under defined contribution plans –0.1
5.2 5.6
a In 2014, excludes ICETUS cash-out payment of £9.4m.
More detailed information on the emoluments, pensions, share awards and shareholdings for each Director is shown in the Directors’
Remuneration Report on pages 68 to 77.
Number of Directors
2015 2014
Pension benefits are accruing to the following number of Directors under defined contribution plans 12
The number of Directors in respect of whose qualifying services shares were received or receivable under long-term
incentive schemes was 45
3. Investments
£m
Cost and net book value
At 1 January 2015 2,985
Share-based payments capital contribution 16
At 31 December 2015 3,001
The Company is the beneficial owner of all the equity share capital of InterContinental Hotels Limited, a company registered in England and Wales.
A full list of subsidiary and other related undertakings is given in note 33 of the Group Financial Statements on pages 140 to 141.
On transition to FRS 101, the Company’s opening cost of investments in subsidiary undertakings has been taken as deemed cost, being the
carrying amount under extant UK GAAP. This has no impact on the carrying amounts previously reported.
4. Debtors
2015
£m
2014
£m
Amounts owed by Group undertakings 18 8
Corporate taxation 12 15
30 23
STRATEGIC REPORT GOVERNANCE GROUP FINANCIAL STATEMENTS ADDITIONAL INFORMATIONPARENT COMPANY FINANCIAL STATEMENTS
147IHG Annual Report and Form 20-F 2015