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66 Qantas |Annual Report 2007
Directors’ Report
for the year ended 30 June 2007
RemunerationofDirectorsfortheYearEnded30June2007continued
Equity Settled
1Share-Based Payment Year
PSP
$
PRP
$
Exec Director LTI
$
RP
$
Total
$
Geoff Dixon 2007 532,843 622,500 – – 1,155,343
2006 572,805 491,625 189,473 – 1,253,903
Peter Gregg 2007 319,706 219,094 27,174 465,050 1,031,024
2006 334,233 197,762 194,543 – 726,538
Total 2007 852,549 841,594 27,174 465,050 2,186,367
2006 907,038 689,387 384,016 – 1,980,441
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.
RemunerationofKeyManagementExecutivesfortheYearEnded30June2007
Short-Term Employee Benefits Post Employment Benefits
Other
Long-Term
Benefits
Share-
Based
Payment1
Termin-
ation
Benefits Total
Key Management
and Highest
Remunerated
Executives Year
Cash
FAR
$
Cash
Incentives
$
Non-Cash
Benefits
$
Total
$
End of
Service
$
Super-
annuation
$
Travel
$
Total
$$$$ $
John Borghetti, 2007 1,119,474 1,380,000 183,720
2,683,194
196,500 159,389 15,700 371,589 90,812 936,328 – 4,081,923
EGM Qantas 2006 982,003 478,000 192,762 1,652,765 643,500 122,922 15,400 781,822 352,325 435,547 – 3,222,459
Kevin Brown, 2007 673,573 625,000 186,114 1,484,687 53,333 42,385 15,700 111,418 20,000 653,945 – 2,270,050
EGM People 2006 645,228 234,000 198,222 1,077,450 211,334 40,560 15,400 267,294 26,458 286,021 – 1,657,223
David Cox, 2007 607,076 505,000 102,211 1,214,287 – 42,385 15,700 58,085 17,000 605,502 – 1,894,874
EGM Engineering 2006 599,785 199,000 38,496 837,281 105,000 12,139 15,400 132,539 67,918 222,556 – 1,260,294
Grant Fenn, 2007 680,113 625,000 210,506 1,515,619 – 42,385 15,700 58,085 20,000 657,915 – 2,251,619
EGM Freight
Enterprises
2006 693,037 234,000 180,099 1,107,136 70,000 12,139 15,400 97,539 39,916 294,204 – 1,538,795
Alan Joyce, 2007 778,646 775,000 105,592 1,659,238 250,000 42,385 15,700 308,085 58,068 638,571 – 2,663,962
CEO Jetstar 2006 608,066 210,000 70,275 888,341 156,667 40,560 15,400 212,627 25,719 296,843 – 1,423,530
Total
remuneration Key
Management
Executives
2007 3,858,882 3,910,000 788,143
8,557,025
499,833 328,929 78,500 907,262 205,880 3,492,261 –
13,162,428
2006 3,528,119 1,355,000 679,854 5,562,973 1,186,501 228,320 77,000 1,491,821 512,336 1,535,171 – 9,102,301
Denis Adams, 2007 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
EGM Associated
Businesses
(1 Jul 05 - 31 Dec 05)
2006 357,743 – 48,375 406,118 45,000 6,070 15,400 66,470 16,177 140,380 1,358,024 1,987,169
Total
remuneration Key
Management
Executives
2007 3,858,882 3,910,000 788,143
8,557,025
499,833 328,929 78,500 907,262 205,880 3,492,261 –
13,162,428
2006 3,885,862 1,355,000 728,229 5,969,091 1,231,501 234,390 92,400 1,558,291 528,513 1,675,551 1,358,024 11,089,470
Refer to page 67 for details of Share-Based Payments.
1
Remuneration Report (Audited) continued
Director and Executive Remuneration Disclosures continued