Qantas 2012 Annual Report Download - page 51
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FOR THE YEAR ENDED 30 JUNE 2012
Directors’ Report continued
Statutory Table – CEO and Executive KMP
Incentive Plan - Accounting Accrual Other Items
Share-based Payments
Accounting Accrual2
Non-Cash
Benefits
and
Annual
Leave
Accrual1
Post-
employ-
ment
Benefits3
Other
Long-
Term
Benefits
Termi-
nation
Benefits$’000
Base Pay -
Cash FAR1
STIP Cash
Bonus STIP LTIP PSP Sub-total
Other
Sub-total Total4
Alan Joyce
Chief Executive
Officer
, – , , – , – ,
, – , , – ,
Gareth Evans
Chief Financial
Officer
– – , – ,
– , – ,
Bruce
Buchanan
CEO Jetstar
– – , () – () ,
– , () – ,
Rob Gurney5 6 7
Group Executive
Qantas Airlines
Commercial
() – , , ,
– , – ,
Simon Hickey
CEO Qantas
Loyalty
– – , – ,
– , – ,
Jayne Hrdlicka8
Group Executive
Strategy &
Technology
– – – ,
– – – – – –
Lyell Strambi
Group Executive
Qantas Airlines
Operations
– – , – ,
– , – ,
Total , , , – , , ,
, – , , – ,
1 Short-term employee benefits include base pay (cash FAR), non-cash benefits, annual leave accrual and STIP cash bonus.
2 A breakdown of Share-based Payments is provided on page 60.
3 Post-employment Benefits include superannuation and an accrual for post-employment travel of $42,080 for Mr Joyce and $20,540 for each other Executive (2011: $24,600 for all Executives).
4 Directors’ and Officers’ liability insurance has not been included in the remuneration since it is not possible to determine an appropriate allocation basis.
5 Superannuation benefits are provided through a defined benefit superannuation plan. The amount disclosed has been measured in accordance with AASB 119 Employee Benefits.
6 Mr Gurney’s 2011/12 STIP award was paid in cash following cessation of his employment on 30 June 2012.
7 Includes contractual payments paid upon cessation of Mr Gurney’s employment.
8 2010/2011 remuneration for Ms Hrdlicka reflects the period of time in a key management role (1 February 2011 to 30 June 2011).
Remuneration Report (Audited) continued
049