Cathay Pacific 1999 Annual Report Download - page 52

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Notes to the Accounts – Directors and Employees
56 CATHAY PACIFIC AIRWAYS LIMITED ANNUAL REPORT 1999
27. Directors’ remuneration
Directors’ remuneration disclosed pursuant to Section 161 of the Hong Kong Companies Ordinance is
as follows:
1999 1998
HK$M HK$M
Fees ––
Emoluments:
Salaries, allowances and benefits in kind 32 36
Contributions to retirement schemes 22
34 38
Housing costs accounted for 26% (1998: 28%) of emoluments.
28. Employee information
The five highest paid individuals of the Company included four (1998: four) Directors, whose total
emoluments are included in the amounts set out in note 27 above, and one (1998: one) other whose emoluments
comprised:
1999 1998
HK$M HK$M
Remuneration:
Salaries, allowances and benefits in kind 44
Contributions to retirement schemes 11
55
The table below sets out the number of individuals, including those who have retired or resigned during the
year, in each employment category whose total remuneration for the year fell into the following ranges:
1999 1998
Flight Other Flight Other
HK$’000’s Director staff staff Director staff staff
0 – 1,000 12 5,620 7,265 15 6,027 8,632
1,000 – 1,500 –334 108 – 300 154
1,500 – 2,000 1177 88 1 145 86
2,000 – 2,500 –201 11 1 240 18
2,500 – 3,000 –201 13 1 200 12
3,000 – 3,500 –61 6189 7
3,500 – 4,000 113 1 –15 3
4,000 – 4,500 1 1 2 113
4,500 – 5,000 – 2 1 –2–
5,000 – 5,500 1 – – 1––
5,500 – 6,000 2 – – 2––
6,000 – 6,500 1 – – 1––
19 6,610 7,495 24 7,019 8,915