Sun Art Retail Group Limited - TodayIR.com

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
7 INDIVIDUALS WITH HIGHEST EMOLUMENTS
The aggregate of the emoluments in respect of the five highest paid individuals of the Group during
the year, 2 (2011: two) of whom are directors of the Company, are as follows:
Year ended 31 December
2012 2011
RMB’000 RMB’000
Salaries, allowances and benefits in kind 13,154 10,665
Contributions to retirement schemes 1,520 1,437
Discretionary bonus 18,745 1,710
Share-based payments 14,797 3,888
48,216 17,700
Share-based payments represent the estimated value of share appreciation rights granted (note
4(b)(iii)) and the estimated value of stock options and shares in Groupe Auchan S.A. granted,
details of which are disclosed under the section “Directors’ Interests and Short Positions in Shares,
Underlying Shares and Debentures” in the Report of Directors.
The emoluments of the 5 individuals with the highest emoluments are within the following bands:
2012 2011
Number of Number of
individuals individuals
HKD3,000,001 – HKD3,500,000
(equivalent to RMB2,432,001 to RMB2,837,000) – 1
HKD4,000,001 – HKD4,500,000
(equivalent to RMB3,243,001 to RMB3,648,000) – 2
HKD4,500,001 – HKD5,000,000
(equivalent to RMB3,648,001 to RMB4,053,000) – 1
HKD5,000,001 – HKD5,500,000
(equivalent to RMB4,053,001 to RMB4,459,000) – 1
HKD5,500,001 – HKD6,000,000
(equivalent to RMB4,459,001 to RMB4,865,000) 1 –
HKD10,000,001 – HKD10,500,000
(equivalent to RMB8,108,001 to RMB8,513,000) 1 –
HKD13,000,001 – HKD13,500,000
(equivalent to RMB10,540,001 to RMB10,946,000) 1 –
HKD13,500,001 – HKD14,000,000
(equivalent to RMB10,946,001 to RMB11,351,000) 1 –
HKD16,500,001 – HKD17,000,000
(equivalent to RMB13,378,001 to RMB13,784,000) 1 –
5 5
Sun Art Retail Group Limited
Annual Report 2012
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