ANNUAL REPORT 2004â05 - V/Line
ANNUAL REPORT 2004â05 - V/Line
ANNUAL REPORT 2004â05 - V/Line
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NOTES TO THE FINANCIAL STATEMENTSNOTE 17REMUNERATION OF EXECUTIVESThe number of executive officers, other than the Accountable Officer, and their total and base remuneration during the reporting period are shown in thetable below in their relevant income bands. Base remuneration is exclusive of bonus payments, long-service leave payments, redundancy payments,retirement benefits and fringe benefits tax.Income Band Total Total Base Base(Annualised) Remuneration Remuneration Remuneration Remuneration2005 2004 2005 2004No. No. No. No.12 Months 11.5 Months 12 Months 11.5 Months$100,000 - $109,999 5 - 7 -$110,000 - $119,999 2 5 2 5$120,000 - $129,999 1 4 3 4$130,000 - $139,999 4 1 2 1$140,000 - $149,999 2 1 2 1$150,000 - $159,999 1 1 - 2$160,000 - $169,999 1 4 - 3$170,000 - $179,999 1 - 1 -$180,000 - $189,999 - - 3 -$190,000 - $199,999 - - - -$200,000 - $209,999 1 - - -$210,000 - $219,999 2 - - -$220,000 - $229,999 1 - - -Total numbers 21 16 20 16Total Actual amount $3,043,119 $599,014 $2,641,096 $564,353In the prior year, the executive remuneration table denoting the income bands contains the annualised remuneration amounts, whereas the total amountreflects the amounts paid since acquisition of the V/<strong>Line</strong> business.V/LINE <strong>ANNUAL</strong> <strong>REPORT</strong> 2004-05|61