Pizza Hut 2008 Annual Report Download - page 80

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23MAR200920294881
ALL OTHER COMPENSATION TABLE
The following table contains a breakdown of the compensation and benefits included under All Other
Compensation in the Summary Compensation Table above for 2008.
Tax Insurance
Name Perquisites(1) Reimbursements(2) premiums(3) Other(4) Total
(a) (b) (c) (d) (e) (f)
Novak 208,104 18,030 13,575 239,709
Carucci 27,500 4,463 5,000 36,963
Su 277,799 1,119,187 9,904 27,735 1,434,625
Allan 27,500 165,250 5,306 9,007 207,063
Creed 195,887 147,403 3,987 13,735 361,012
(1) Amounts in this column include for Mr. Novak: incremental cost for the personal use of Company
aircraft ($208,104—we calculate the incremental cost to the Company of any personal use of
Company aircraft based on the cost of fuel, trip-related maintenance, crew travel, on board catering,
landing and license fees, ‘‘dead head’’ costs of flying planes to and from locations for personal use,
and contract labor); for Messrs. Carucci and Allan: Company car allowance ($27,500); for Mr. Su:
expatriate spendables/housing allowance ($228,391); and Company car allowance ($49,408), which
includes depreciation, the cost of fuel, repair and maintenance, insurance and taxes; for Mr. Creed:
Company annual contribution to his Australian defined contribution plan ($168,387); and Company
car allowance ($27,500).
(2) Amounts in this column reflect payments to the executive of tax reimbursements related to tax
preparation assistance, relocation expenses, country club dues and, taxable pension contributions. For
Mr. Su, as explained at page 53, this amount represents the Company provided tax reimbursement for
China income taxes incurred on deferred income distributions which exceed the marginal Hong Kong
tax rate.
(3) These amounts reflect the income each executive was deemed to receive from IRS tables related to
Company provided life insurance in excess of $50,000. The Company provides every salaried
Proxy Statement
employee with life insurance coverage up to one times the employee’s salary plus target bonus.
(4) This column reports the total amount of other benefits provided, none of which individually exceeded
the greater of $25,000 or 10% of the total amount of these benefits and the perquisites and other
personal benefits shown in column (b) for the named executive. These other benefits include: home
security expense, perquisite allowance, relocation expenses, annual payment for foreign service, club
dues, tax preparation assistance, Company provided parking and annual physical.
62