Vtech 2007 Annual Report Download - page 41

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VTech Holdings Ltd
Annual Report 2007 39
3 DIRECTORS’ AND SENIOR EXECUTIVES’ EMOLUMENTS
Directors’ emoluments
Salaries, Contributions
allowances to retirement
and benefi ts benefi t Share-based 2007
Fees in kind Bonuses schemes payments Total
US$ million US$ million US$ million US$ million US$ million US$ million
Executive directors (Note 3)
Allan WONG Chi Yun – 0.8 2.4 0.1 0.5 3.8
Albert LEE Wai Kuen – 0.7 6.8 0.1 0.2 7.8
Independent non-executive directors
(Note 4)
Raymond CH’IEN Kuo Fung – – – – – –
William FUNG Kwok Lun – – – – – –
Michael TIEN Puk Sun – – – – – –
Patrick WANG Shui Chung – – – – – –
– 1.5 9.2 0.2 0.7 11.6
Salaries, Contributions
allowances to retirement
and benefi ts benefi t Share-based 2006
Fees in kind Bonuses schemes payments Total
US$ million US$ million US$ million US$ million US$ million US$ million
Executive directors (Note 3)
Allan WONG Chi Yun (Note 1) – 0.8 2.1 0.1 0.3 3.3
Albert LEE Wai Kuen (Note 2) – 0.6 5.8 0.1 0.2 6.7
Independent non-executive directors
(Note 4)
Raymond CH’IEN Kuo Fung – – – – – –
William FUNG Kwok Lun – – – – – –
Michael TIEN Puk Sun – – – – – –
Patrick WANG Shui Chung – – – – – –
– 1.4 7.9 0.2 0.5 10.0
Note 1: In addition to the emoluments as shown above, 2,000,000 share options were exercised during the year ended 31st March 2006. The exercise price
was HK$10.2 per share and the weighted average closing price of the shares of the Company at the dates on which the options were exercised was
HK$13.45 per share.
Note 2: In addition to the emoluments as shown above, 1,750,000 share options were exercised during the year ended 31st March 2006. The exercise price
was HK$10.2 per share and the weighted average closing price of the shares of the Company at the dates on which the options were exercised was
HK$13.58 per share.
Note 3: The director’s fee paid to each of executive directors was US$20,000 (2006: US$15,000 each).
Note 4: The emolument paid to each of independent non-executive directors was US$20,000 (2006: US$15,000 each), being wholly in the form of directors’
fees.
12aVtechCFS&Notes(E).indd39 2007/7/511:43:26PM