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63
QANTAS ANNUAL REPORT 2014
Non-Executive Directors do not receive any performance-related remuneration.
Overseas-based Non-Executive Directors are paid a travel allowance when travelling on international journeys of greater than six
hours to attend Board and Committee Meetings or Board-related activities requiring participation of all Directors.
All Non-Executive Directors and eligible beneficiaries receive travel entitlements. The Chairman is entitled to four long haul trips
and 12 short haul trips each calendar year and all other Non-Executive Directors are entitled to two long haul trips and six short haul
trips each calendar year. These flights are not cumulative and will lapse if they are not used during the calendar year in which the
entitlement arises.
Post-employment, the Chairman is entitled to two long haul trips and six short haul trips for each year of service and all other
Non-Executive Directors are entitled to one long haul trip and three short haul trips for each year of service. The accounting value
of the travel benefit is captured in the remuneration table (as a non-cash benefit for travel during the year and as a
post-employment benefit).
Remuneration for the Year Ended 30 June 2014 – Non-Executive Directors
Short-term Employee Benefits Post-employment Benefits
Base Pay
(Cash)
Non-cash
Benefits Sub-total
Superannuation
Travel Sub-total Total
Leigh Clifford 2014 511 37 548 35 23 58 606
Chairman 2013 535 25 560 25 19 44 604
Maxine Brenner12014 138 16 154 13 11 24 178
Non-Executive Director 2013 n/a n/a n/a n/a n/a n/a n/a
Peter Cosgrove22014 107 30 137 10 11 21 158
Non-Executive Director 2013 180 17 197 16 9 25 222
Patricia Cross32014 72 4 76 6 11 17 93
Non-Executive Director 2013 200 30 230 16 9 25 255
Richard Goodmanson42014 255 14 269 – 11 11 280
Non-Executive Director 2013 244 51 295 – 9 9 304
Jacqueline Hey12014 129 11 140 12 11 23 163
Non-Executive Director 2013 n/a n/a n/a n/a n/a n/a n/a
Garry Hounsell 2014 207 24 231 18 11 29 260
Non-Executive Director 2013 208 33 241 16 9 25 266
William Meaney42014 213 –213 – 11 11 224
Non-Executive Director 2013 188 1 189 – 9 9 198
Paul Rayner 2014 199 19 218 18 11 29 247
Non-Executive Director 2013 180 34 214 16 9 25 239
Barbara Ward 2014 179 24 203 18 11 29 232
Non-Executive Director 2013 180 19 199 16 9 25 224
Total 2014 2,010 179 2,189 130 122 252 2,441
2013 1,915 210 2,125 105 82 187 2,312
1 2013/2014 remuneration reflects the period served by Ms Brenner and Ms Hey as Non-Executive Directors from 29 August 2013 to 30 June 2014.
2 2013/2014 remuneration reflects the period served by General Cosgrove as a Non-Executive Director from 1 July 2013 to 28 January 2014. General Cosgrove also received payments for
services rendered as a Director of Qantas Superannuation Limited during the period served.
3 2013/2014 remuneration reflects the period served by Mrs Cross as a Non-Executive Director from 1 July 2013 to 18 October 2013.
4 Mr Goodmanson and Mr Meaney received travel allowances of $30,000 and $25,000, respectively during 2013/2014 (2013: $30,000 for Mr Goodmanson and $30,000 for Mr Meaney).
These amounts were included in their fees (cash).