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132 Qantas Annual Report 2009
Notes to the Financial Statements
for the year ended 30 June 2009
31. Related Parties continued
KEY MANAGEMENT PERSONNEL REMUNERATION
The aggregate remuneration of the KMP of the Qantas Group and Qantas is set out below:
Qantas Group Qantas
2009 2008 2009 2008
$ $ $ $
Short-term employee benefits 13,092,293 20,142,723 12,100,999 17,747,309
Post-employment benefits 1,148,326 939,544 1,108,331 908,915
Other long-term benefits 4,020,816 881,084 3,947,276 528,837
Statuatory annual leave1 2,925,953 _ 2,925,953 _
Termination benefits 6,303,993 – 6,303,993 –
Share-based payments 11,546,774 20,725,461 11,072,659 18,404,550
39,038,155 42,688,812 37,459,211 37,589,611
1. Statuatory annual leave reflects annual leave not taken and paid out on termination.
Further details in relation to the remuneration of KMPs is included in the Directors’ Report.
EQUITY INSTRUMENTS
Set out in the following tables are the holdings of equity instruments granted as remuneration to the KMP by Qantas. Non-Executive Directors do not
receive any remuneration in the form of share-based payments, although they may salary sacrifice a portion of their Director’s fees to purchase shares.
PERFORMANCE SHARE PL AN (PSP)
KEY MANAGEMENT PERSONNEL
Alan Joyce 20 Aug 08 $3.45 – 100,000 – 100,000 100,0001 –
15 Aug 07 $5.45 23,500 – – 23,500 11,7502 11,75 0
22 Aug 06 $3.30 34,000 – – 34,000 – 34,000
17 Aug 05 $3.29 35,000 – – 35,000 – 35,000
18 May 05 $3.18 25,000 – – 25,000 – 25,000
18 Aug 04 $3.32 30,000 – – 30,000 – 30,000
2009 Total 147,500 100,000 – 247,500 111,750 135,750
2008 Total 124,000 23,500 – 147,500 40,500 107,000
Colin Storrie 20 Aug 08 $3.45 – 52,000 – 52,000 52,0001 –
15 Aug 07 $5.45 18,500 – – 18,500 9,2502 9,250
22 Aug 06 $3.30 14,268 – – 14,268 – 14,268
2009 Total 32,768 52,000 – 84,768 61,250 23,518
Geoff Dixon 20 Aug 08 $3.45 – 287,000 (287,000) – – –
15 Aug 07 $5.45 258,000 – (258,000) – – –
22 Aug 06 $3.30 142,500 – (142,500) – – –
17 Aug 05 $3.29 150,000 – (150,000) – – –
21 Oct 04 $3.34 150,000 – (150,000) – – –
2009 Total 700,500 287,000 (987,500) – – –
2008 Total 442,500 258,000 – 700,500 129,000 571,500
Peter Gregg 20 Aug 08 $3.45 – 96,000 (96,000) – – –
15 Aug 07 $5.45 86,000 – (86,000) – – –
22 Aug 06 $3.30 85,500 – (85,500) – – –
17 Aug 05 $3.29 90,000 – (90,000) – – –
21 Oct 04 $3.34 45,000 – (45,000) – – –
20 09 Total 306,500 96,000 (402,500) – – –
2008 Total 220,500 86,000 – 306,500 43,000 263,500
John Borghetti 20 Aug 08 $3.45 – 96,000 (96,000) – – –
15 Aug 07 $5.45 86,000 – (86,000) – – –
22 Aug 06 $3.30 85,500 – (85,500) – – –
17 Aug 05 $3.29 30,000 – (30,000) – – –
20 09 Total 201,500 96,000 (297,500) – – –
2008 Total 115,500 86,000 – 201,500 128,750 72,750
Kevin Brown 20 Aug 08 $3.45 – 63,000 (63,000) – – –
15 Aug 07 $5.45 19,000 – (19,000) – – –
22 Aug 06 $3.30 19,000 – (19,000) – – –
17 Aug 05 $3.29 17,500 – (17,500) – – –
20 09 Total 55,500 63,000 (118,500) – – –
2008 Total 55,500 19,000 (19,000) 55,500 38,000 17,500
Bruce Buchanan 20 Aug 08 $3.45 – 25,066 – 25,066 25,0661 –
20 Aug 07 $5.29 6,654 – – 6,654 3,3272 3,327
20 09 Total 6,654 25,066 – 31,720 28,393 3,327
Grant Date
Fair Value as
at Grant Date
Number Granted
Number Vested and
Transferred
Balance as at
30 June
Not Available to Call
Available to Call
Balance as at
30 June