Cathay Pacific 2004 Annual Report Download - page 64

Download and view the complete annual report

Please find page 64 of the 2004 Cathay Pacific annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 77

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77

60 Cathay Pacific Airways Limited 2004 Annual Report
24. DIRECTORS’ AND EXECUTIVE OFFICERS’ REMUNERATION
(a) Directors’ remuneration disclosed pursuant to the Listing Rules is as follows:
Cash Non-cash
Bonus
Contributions paid into
Basic salary/ Allowances to retirement retirement Housing
Directors’ fee
* Bonus & benefits schemes schemes benefits Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
Non-Executive Directors
David Turnbull 4,224 3,053 126 1,124 882 1,893 11,302
Martin Cubbon – – – – – – –
Henry Fan 160 * – – – – – 160
James Hughes-Hallett – – – – – – –
Vernon Moore 310 * – – – – – 310
Sir Adrian Swire – – – – – – –
Raymond Yuen 780 585 544 83 – – 1,992
Carl Yung 160 * – – – – – 160
Zhang Xianlin 160 * – – – – – 160
Independent Non-Executive
Directors
Peter Lee 360 * – – – – – 360
Raymond Or 310 * – – – – – 310
Jack So 310 * – – – – – 310
Tung Chee Chen 210 * – – – – – 210
Executive Directors
Robert Atkinson 1,638 989 320 436 548 1,963 5,894
Philip Chen 3,300 3,288 2,248 350 – – 9,186
Derek Cridland 1,752 1,368 318 12 – 985 4,435
Tony Tyler 2,400 1,505 294 638 640 2,186 7,663
2004 Total 16,074 10,788 3,850 2,643 2,070 7,027 42,452
2003 Total 12,666 9,295 3,099 3,074 1,871 7,454 37,459
For Directors employed by the Swire group, the remuneration disclosed represents the amount charged to the Company.
Bonus is related to services for 2003 but paid and charged to the Company in 2004. Allowances and benefits of Philip Chen
and Raymond Yuen include housing allowances of HK$2,160,000 and HK$300,000 respectively.
Notes to the Accounts – Directors and Employees