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2010/11 Annual Report Lenovo Group Limited 103
11 Emoluments of directors and highest paid individuals (continued)
(a) Directors’ and senior management’s emoluments (continued)
2010
Name of Director Fees Salaries
Discretionary
bonuses
(note i)
Long-term
incentives
awards
(note ii)
Retirement
payments and
employer’s
contribution
to pension
schemes
Other
benefits-
in-kind Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Executive director
Mr. Yang Yuanqing –850 246 6,045 85 91 7,317
Non-executive directors
Mr. Liu Chuanzhi –452 –1,828 – – 2,280
Mr. Zhu Linan 68 – – 124 – – 192
Ms. Ma Xuezheng 68 – – 305 – – 373
Mr. James G. Coulter 68 – – 122 – – 190
Mr. William O. Grabe 79 – – 201 – – 280
Dr. Wu Yibing 68 – – 51 – – 119
Independent non-executive
directors
Professor Woo Chia-Wei 68 – – 189 – – 257
Mr. Ting Lee Sen 68 – – 176 – – 244
Mr. John W. Barter III 90 – – 158 – – 248
Dr. Tian Suning 68 – – 110 – – 178
Mr. Nicholas C Allen 22 – – 12 – – 34
667 1,302 246 9,321 85 91 11,712
Notes:
(i) Discretionary bonuses paid for the two years ended March 31, 2011 and 2010 represent the amounts in connection with the
performance bonuses for the two years ended March 31, 2010 and 2009 respectively.
(ii) Details of the long-term incentive program of the Company are set out in Note 30(a). The fair value of the employee services
received in exchange for the grant of the long-term incentive awards is recognized as an expense. The total amount to be
amortized over the vesting period is determined by reference to the fair value of the long-term incentive awards at the date of
grant. The amounts disclosed above represent the amortized amounts for the two years ended March 31, 2011 and 2010.
(iii) Mr. William O. Grabe and Professor Woo Chia-Wei have elected to defer their receipts of the cash of director’s fee into fully vested
share units under the long-term incentive program (Note 30(a)) for the year ended March 31, 2010.
(b) Five highest paid individuals
The five individuals whose emoluments were the highest in the Group for the year include two (2010: two) directors
whose emoluments are reflected in the analysis presented above. The emoluments of the remaining three (2010: three)
individuals during the year are as follows:
2011 2010
US$’000 US$’000
Basic salaries, allowances, and benefits-in-kind 1,465 1,365
Discretionary bonuses 3,065 1,113
Employer’s contribution to pension schemes 405 124
Long-term incentive awards 4,571 4,698
Others 314 431
9,820 7,731