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75
Cathay Pacific Airways Limited Annual Report 2005
23. Directors’ and executive officers’ remuneration (continued)
(b) Executive Officers’ remuneration disclosed as recommended by the Listing Rules is as follows:
Cash Non-cash
Bonus
Contributions paid into
Basic Allowances to retirement retirement Housing 2005 2004
salary Bonus & benefits schemes schemes benefits Total Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
James Barrington 1,289 663 701 271 498 1,246 4,668 4,141
William Chau 1,348 1,103 600 222 – – 3,273 3,169
Quince Chong 1,248 920 600 125 – – 2,893 1,276
(from July 2004)
Ronald Mathison 1,113 562 284 233 428 949 3,569 1,874
(from June 2004)
Edward Nicol 1,394 976 328 293 620 1,936 5,547 5,282
Nick Rhodes 1,363 886 866 286 540 1,348 5,289 4,838
Augustus Tang 1,706 1,322 600 281 – – 3,909 3,658
Robert Cutler – – – – – – – 3,753
(up to July 2004)
Total 9,461 6,432 3,979 1,711 2,086 5,479 29,148 27,991
Bonus disclosed is related to services for 2004 and paid in 2005.
24. Employee information
(a) The five highest paid individuals of the Company included three Directors (2004: four) and two Executive Officers
(2004: one), whose emoluments are set out in note 23 above.
(b) 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:
2005 2004
HK$’000 Director Flight staff Other staff Director Flight staff Other staff
0 – 1,000 11 7,337 7,189 11 6,719 7,124
1,001 – 1,500 – 443 175 – 388 185
1,501 – 2,000 – 487 78 1 398 59
2,001 – 2,500 1 183 18 – 130 19
2,501 – 3,000 – 156 7 – 173 9
3,001 – 3,500 1 134 7 – 133 9
3,501 – 4,000 – 40 4 – 36 4
4,001 – 4,500 1 4 3 1 4 3
4,501 – 5,000 – 1 1 – 3 1
5,001 – 5,500 – – 1 – – 2
5,501 – 6,000 1 – 1 1 – –
7,501 – 8,000 – – – 1 – –
8,501 – 9,000 1 – – – – –
9,001 – 9,500 1 – – 1 – –
11,001 – 11,500 – – – 1 – –
17 8,785 7,484 17 7,984 7,415
Notes to the Accounts Directors and Employees