30
McPHERSON’S LIMITED
ANNUAL REPORT 2015
(K) REMUNERATION REPORT (CONTINUED)
2014
SHORT TERM BENEFITS
POST-
EMPLOYMENT
BENEFITS
LONG-TERM
BENEFITS
SHARE-BASED
PAYMENTS
NAME
CASH
SALARY &
FEES
1
$
CASH
BONUS
$
NON-
MONETARY
BENEFITS
2
$
SUPER-
ANNUATION
$
LONG-SERVICE
LEAVE
$
PERFORMANCE
RIGHTS
$
TOTAL
$
Directors of McPherson’s Limited
D.J. Allman (Chairman)
123,148
-
-
21,400
-
-
144,548
P.J. Maguire (Managing Director)
510,453
-
27,990
25,000
6,400
67,538
637,381
J.P. Clifford
66,684
-
-
6,168
-
-
72,852
G.A. Cubbin
75,152
-
-
6,951
-
-
82,103
A.M Lacaze
71,976
-
-
6,658
-
-
78,634
Total Directors’ Remuneration 2014
847,413
-
27,990
66,177
6,400
67,538
1,015,518
Other Group Key Management Personnel
S.K.S. Chan
373,128
-
-
34,769
-
17,940
425,837
G.P. Mitchell
221,831
-
34,349
24,028
2,054
-
282,262
C. J. Muir
221,469
-
28,560
25,335
6,938
13,367
295,669
P. Witheridge
279,499
-
23,155
25,000
2,078
16,181
345,913
Total Other Key Management Personnel
Remuneration 2014
1,095,927
-
86,064
109,132
11,070
47,488
1,349,681
Total Remuneration 2014 - Group
1,943,340
-
114,054
175,309
17,470
115,026
2,365,199
1. Cash salary and fees includes movements in the annual leave provision relating to the Managing Director and other executive key management personnel.
2. Non-monetary benefits comprise salary sacrificed components of remuneration packages including motor vehicles and related fringe benefits tax and allowances.
Amounts disclosed as remuneration of Directors and executives exclude premiums paid by the Group in respect of Directors’ and Officers’ liability
insurance contracts. Further information relating to these insurance contracts is set out in paragraph (M) of the Directors’ Report.
Relative proportions of remuneration
The relative proportions of remuneration that are linked to performance and those that are fixed are set out in the table below:
There were no option related amounts included in the current or prior year remuneration.
NAME
FIXED REMUNERATION
AT RISK - STI
AT RISK – LTI
2015
2014
2015
2014
2015
2014
Executive Director of McPherson’s
P.J. Maguire
72%
89%
29%
-
(1%)
11%
Other key management personnel of the Group
S.K.S. Chan
104%
96%
-
-
(4%)
4%
G.P. Mitchell
100%
100%
-
-
-
-
C. J. Muir
92%
95%
9%
-
(1%)
5%
P. Witheridge
69%
95%
32%
-
(1%)
5%
DIRECTORS’ REPORT
CONTINUED