Creative 2014 Annual Report Download - page 62

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62
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
DIRECTORS’ REMUNERATION
The following information relates to remuneration of directors of the Company during the nancial year:
2014 2013
Number of directors of the Company in remuneration bands:
- above S$500,000 – –
- S$250,000 to below S$500,000 – –
- below S$250,000 4 4
Total 4 4
The Company proposed to pay Director’s fees of S$180,000 in the current nancial year (2013: paid S$180,000) to its non-
executive directors on its Board of Directors.
The Company paid a total remuneration of S$1 (2013: S$1) to its Chairman and Chief Executive Ofcer.
AUDITOR’S REMUNERATION
The following information relates to other fees of the auditors during the nancial year:
2014 2013
US$’000 US$’000
Audit fees paid/payable to:
- Auditor of the Company 255 264
- Other auditors * 32 35
Other fees paid/payable to:
- Auditor of the Company 50 55
- Other auditors * 15 14
* Include PricewaterhouseCoopers member rms outside Singapore
The Group has complied with Rules 712 and 715 or 716 of the Listing Manual issued by SGX-ST in relation to its auditors.

For the nancial year ended 30 June 2014
The Audit Committee has reviewed all non-audit services provided by the auditor of the Company and in the Audit Committee’s
opinion, the non-audit services provided, will not affect the independence of the auditors.
PROPERTIES OF THE GROUP
The net book values of properties held by the Group are as follows:
2014 2013
US$’000 US$’000
Freehold land and buildings 5,392 5,642
Freehold land and buildings of US$5,392,000 as at 30 June 2014 (2013: US$5,642,000) was net of a US$2,500,000 impairment
charge to write down the book value of a building owned by a wholly-owned subsidiary in Ireland to its estimated net realizable
value based on a valuation done on 12 June 2012. In the nancial years ended 30 June 2014 and 2013, a valuation was conducted
and it was assessed that there was no further impairment necessary.
MATERIAL CONTRACTS
There is no material contract entered into by the Company or any of its subsidiaries involving the interest of the chief executive
ofcer, any director or controlling shareholder, either still subsisting at the end of the nancial year or entered into since the end
of the previous nancial year.
Additional Requirements of SGX-ST Listing Manual