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Cathay Pacific Airways Limited Annual Report 2006
80
24. Directors’ and executive officers’ remuneration
(a) Directors’ remuneration disclosed pursuant to the Listing Rules is as follows:
Cash Non-cash
Basic
salary/
Directors’
fee*
HK$’000
Bonus
HK$’000
Allowances
& benefits
HK$’000
Contributions
to retirement
schemes
HK$’000
Bonus
paid into
retirement
schemes
HK$’000
Housing
benefits
HK$’000
2006
Total
HK$’000
2005
Total
HK$’000
Executive Directors
Christopher Pratt
(from February 2006) 647 – 70 116 – 504 1,337 –
David Turnbull
(up to January 2006) 117 1,452 13 19 – 236 1,837 3,272
Robert Atkinson 1,812 1,350 124 326 766 2,103 6,481 5,984
Philip Chen 3,436 4,318 2,044 362 – – 10,160 9,292
Derek Cridland 1,842 1,419 1,792 12 – 1,129 6,194 4,420
Tony Tyler 2,964 2,903 442 533 991 2,295 10,128 8,533
Non-Executive Directors
Martin Cubbon – – – – – – ––
Henry Fan 160* – – – – – 160 160
Davy Ho
(from May 2006) – – – – – – ––
James Hughes-Hallett – – – – – – ––
Li Jiaxiang
(from October 2006) 31* – – – – – 31 –
Vernon Moore 281* – – – – – 281 310
Robert Woods
(from August 2006) – – – – – – ––
Raymond Yuen
(up to December 2005) – – – – – – –2,461
Carl Yung
(up to September 2006) 118* – – – – – 118 160
Zhang Lan
(from October 2006) 59* – – – – – 59 –
Zhang Xianlin
(up to October 2006) 129* – – – – – 129 160
Independent
Non-Executive
Directors
Peter Lee 360* – – – – – 360 360
Raymond Or 310* – – – – – 310 310
Jack So 310* – – – – – 310 310
Tung Chee Chen 210* – – – – – 210 210
2006 Total 12,786 11,442 4,485 1,368 1,757 6,267 38,105
2005 Total 13,849 9,127 3,701 1,680 1,595 5,990 35,942
For Directors employed by the Swire group, the remuneration disclosed represents the amount charged to the
Company. Bonus is related to services for 2005 but paid and charged to the Company in 2006. Allowances and
benefits of Philip Chen include housing allowances of HK$1,963,636.
Notes to the Accounts Directors and Employees