Ryanair 2006 Annual Report Download - page 58

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(Continued)
Notes
58
ANNUAL REPORT & FINANCIAL STATEMENTS 2006
19 STATUTORY AND OTHER INFORMATION (Continued)
DIRECTORS EMOLUMENTS
2006 2005
(a) Fees and emoluments - Executive Director 000 000
Basic salary 579 505
Performance related bonus 200 127
Pension contributions 58 49
837 681
During the years ended March 31, 2006 and 2005 Michael O'Leary was the only executive director.
Fees Emoluments 2006 2005
(b) Fees and emolument's - Non Executive Directors 000 000 000 000
Emmanuel Faber 47 - 47 50
Michael Horgan 32 40 72 72
Klaus Kirchberger 32 - 32 32
Raymond MacSharry 47-4747
Kyran McLaughlin 47 - 47 47
James R. Osborne 28 - 28 40
Paolo Pietrogrande 32-3232
265 40 305 320
During the year ended March 31, 2006 there were 9 non-executive directors. Non-executive directors not referred to above
received no fees or emoluments during the year.
(c) Pension benefits
2006 2005
Michael O’Leary
Increase in accrued benefit 8,885 6,128
Transfer value equivalent of increase in accrued benefit 49,549 33,735
Total accumulated accrued benefit 104,244 93,139
There have been no changes in pension benefits provided to directors during the year. No pension benefits are provided for non-
executive directors. The director is a member of a defined benefit plan. The cost of the death-in-service and disability benefits
provided during the accounting year is not included in the above figures. The pension benefits set out above have been computed
in accordance with Section 12.43 (x) of the Listing Rules of the Stock Exchange. The increases in transfer values of the accrued
benefits have been calculated as at the year-end in accordance with Actuarial Guidance Note GN11.