Qantas 2005 Annual Report Download - page 61

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DIRECTOR AND EXECUTIVE REMUNERATION DISCLOSURES continued
REMUNERATION OF NON-EXECUTIVE AND EXECUTIVE DIRECTORS FOR THE YEAR ENDED 30 JUNE 2005 continued
7 Equity Benefits Exec Director
PSP PRP LTI QLTEIP Total
Year $ $ $ $ $
Geoff Dixon 2005 513,798 363,375 378,377 – 1,255,550
2004 326,750 71,250 377,239 170,833 946,072
Peter Gregg 2005 314,184 119,700 192,840 – 626,724
2004 209,120 45,600 192,435 85,417 532,572
Total 2005 827,982 483,075 571,217 – 1,882,274
2004 535,870 116,850 569,674 256,250 1,478,644
Directors’ and Officers’ liability insurance has not been included in the above figures since it is not possible to determine an appropriate
allocation basis.
Non-Executive Directors do not receive any performance related remuneration.
REMUNERATION OF SPECIFIED EXECUTIVES FOR THE YEAR ENDED 30 JUNE 2005
Primary Benefits Post Employment Benefits
Equity
Benefits3
Other
Benefits Total
Specified
and Highest
Remunerated
Executives Year
Cash
FAR
$
Cash
Incen-
tives1
$
Non-Cash
Benefits
$
Total
$
End of
Service
$
Super-
annuation
$
Travel
$
Total
$$
Termin-
ation
$$
Denis Adams, 2005
673,467 219,000 123,860 1,016,327 45,000 17,457 9,550 72,007 224,515 – 1,312,849
EGM Associated
Businesses
2004 574,310 231,000 108,860 914,170 142,500 82,054 9,300 233,854 151,491 – 1,299,515
Fiona Balfour, 2005
538,540 176,000 111,466 826,006 155,489 58,419 9,550 223,458 171,282 – 1,220,746
EGM Qantas Business
Services and CIO
2004 506,862 190,000 190,143 887,005 158,175 56,172 9,300 223,647 92,891 – 1,203,543
John Borghetti, 2005
729,080 311,000 230,555 1,270,635 153,434 106,654 9,550 269,638 303,863 – 1,844,136
EGM Qantas 2004 658,321 290,000 193,285 1,141,606 133,428 110,209 9,300 252,937 166,350 – 1,560,893
Kevin Brown, 2005
646,932 241,000 175,728 1,063,660 173,674 36,754 9,550 219,978 265,189 – 1,548,827
EGM People 2004 630,289 221,000 131,810 983,099 166,299 36,754 9,300 212,353 223,772 – 1,419,224
Grant Fenn, 2005
656,118 241,000 174,932 1,072,050 97,097 11,585 9,550 118,232 216,526 – 1,406,808
EGM Airports and
Catering
2004 629,561 221,000 174,560 1,025,121 135,622 11,918 9,300 156,840 140,598 – 1,322,559
Alan Joyce,
2005 532,273 324,000295,908 952,181 288,059 12,550 9,550 310,159 156,259 – 1,418,599
EGM Jetstar Airways 2004 – – – – – – – – – – –
Total remuneration for
2005 3,776,410 1,512,000 912,449 6,200,859 912,753 243,419 57,300 1,213,472 1,337,634 – 8,751,965
Specified Executives 2004 2,999,343 1,153,000 798,658 4,951,001 736,024 297,107 46,500 1,079,631 775,102 – 6,805,734
David Forsyth,
2005 – ––– –––––– –
EGM Aircraft Operations
(1 Jul 03 – 15 Dec 03)
2004 314,911 3,587 83,828 402,326 130,000 38,878 9,300 178,178 100,291 328,500 1,009,295
Total remuneration for
2005 3,776,410 1,512,000 912,449 6,200,859 912,753 243,419 57,300 1,213,472 1,337,634 – 8,751,965
Specified Executives 2004 3,314,254 1,156,587 882,486 5,353,327 866,024 335,985 55,800 1,257,809 875,393 328,500 7,815,029
1 Comprises cash incentives totalling $1,512,000 (2004: $1,153,000) and long-term incentives of $nil (2004: $3,587).
2 During the year Mr Joyce received a milestone reward payment relating to the establishment of Jetstar Airways of $100,000.
Qantas Annual Report 2005
~Directors’ Report~
for the year ended 30 June 2005