UOB Annual Report 2002 - United Overseas Bank

11 Directors’ Fees and Other Remuneration
(a) Included in total expenses are fees and other remuneration paid/payable to the directors of the Bank and its subsidiaries as
follows:
The Group
The Bank
2002 2001 2002 2001
$'000 $'000 $'000 $'000
Directors of the Bank:
Fees 1,147 887 659 410
Remuneration 11,534 10,699 11,534 8,789
Professional fees paid/payable to firms of which
certain directors of the Bank are members 201 1,476 17 1,294
Less:
Amount capitalised in cost of acquisition of OUB – 1,237 – 1,237
Amount charged to the results for the financial year 201 239 17 57
12,882 11,825 12,210 9,256
Directors of subsidiaries:
Fees 648 634 10 21
Remuneration 5,879 8,082 – –
Professional fees paid/payable to firms of which
certain directors of subsidiaries are members 88 424 5 3
Less:
Amount capitalised in fixed assets 83 419 – –
Amount charged to the results for the financial year 5 5 5 3
6,532 8,721 15 24
(b)
The number of directors of the Bank whose total directors’ fees and other remuneration from the Group falls into the following
bands is as follows:
2002 2001
$500,000 and above 4 4
$250,000 to $499,999 – –
Below $250,000 12 12
16 16
UNITED OVERSEAS BANK 109