Annual Report - QuamIR

Notes to the Consolidated Financial Statements (Continued)
10 Directors’ and senior management’s emoluments
(Continued)
(a) Directors’ emoluments (Continued)
Notes:
1. Mr. LI Xueming and Mr. LIU Guolin retired as non-executive
directors with effect from 1 June 2011.
2. Mr. XU Zheng resigned as an non-executive director with effect
from 6 April 2011.
3. Mr. CHANG Li Hsien, Leslie was appointed as an executive
director on 1 September 2010.
4. Mr. CHUNG Wai Sum, Patrick was appointed as an executive
director on 10 June 2011.
5. Mr. WAN Man Yee resigned as an executive director with effect
from 20 December 2010.
6. Mr. TANG Sau Wai, Tom resigned as an executive director with
effect from 1 September 2010.
7. The balance represented the estimated value of share options
granted to the directors under the share option schemes of the
Company and its subsidiary. The value of these share options is
measured according to the Group’s accounting policies for sharebased
payment transactions and, in accordance with that policy,
includes adjustments to reverse amounts accrued in previous
years where grants of equity instruments are forfeited prior to
vesting.
10
(a)
1.
2.
3.
4.
5.
6.
7.
During 2011 and 2010, Mr. OEI Tjie Goan voluntarily waived
annual director’s fee of HK$100,000.
(b) Five highest paid individuals
The five individuals whose emoluments were the highest in the
Group for the year include three (2010: three) directors whose
emoluments are reflected in the analysis presented above. The
emoluments payable to the remaining two (2010: two) individuals
during the year are as follows:
100,000
(b)
2011 2010
HK$ Million HK$ Million
Salary and other benefits 4.9 4.0
Discretionary bonus 0.8 1.2
Share-based compensation 0.6 1.4
Charged to income statement 6.3 6.6
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