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Carphone Warehouse Group plc Annual Report 2011 41
REMUNERATION REPORT CONTINUED
GOVERNANCE
The Accounting Regulations under the Companies Act 2006 (“Regulations”) require the Company’s auditors to report to the members
on this part of the Report and to state, in their opinion, that this part of the Report has been properly prepared in accordance with the
Companies Act 2006.
Aggregate remuneration
The total amounts of directors’ remuneration and other benefits (excluding pension contributions) were as follows:
Basic salary
/fees
£000
Taxable
benefits
£000
Annual
bonuses
£000
Total
2011
£000
Total
2010 (i)
£000
C Dunstone 240 – – 240 3
N Langstaff 275 9 449 733 2
R Taylor 440 12 719 1,171 4
J Allwood 62 – – 62 11
J Gildersleeve 79 – – 79 1
Baroness Morgan 55 – – 55 –
(i) Total remuneration for 2010 relates only to that paid to directors for their role as directors of the Company. Charles Dunstone, Roger Taylor, John Gildersleeve and Baroness Morgan were directors
of Old Carphone Warehouse for which they respectively received total remuneration of £1,734,000, £1,167,000, £396,000 and £58,000 for the period from 1 April 2009 to 28 March 2010. These
directors were remunerated by the Company from 29 March 2010.
Nigel Langstaff was an employee but not a director of Old Carphone Warehouse. Nigel was remunerated by the Company for his role as a director of the Company from 29 March 2010. John Allwood was
not a director of Old Carphone Warehouse and was remunerated by the Company from 28 January 2010, when he was appointed as a director of the Company.
Tim Morris and Neil King were directors of the Company from 15 December 2009 to 28 January 2010 and received no remuneration for their roles during this period.
Pension contributions
The schedule below sets out payments by the Group to pension schemes on behalf of executive directors:
2011
£000
2010(i)
£000
N Langstaff 14 –
R Taylor 22 –
(i) Roger Taylor received pension contributions of £20,000 in the period ended 28 March 2010 from Old Carphone Warehouse during his directorship of this company.
Part 2: Remuneration Details (Audited)