Page 45 - Icon Energy 2014 Annual Report

REMUNERATION REPORT - AUDITED
9. REMUNERATION OF EACH MEMBER OF KEY MANAGEMENT PERSONNEL AND
DIRECTORS FOR THE CONSOLIDATED ENTITY
(i) Salaries & Fees include annual leave paid during the year.
(ii) Other Benefits represent car allowance received during the year for Ray James of $45,000 (30 June 2013: $45,000). Mr
James and Dr Jih received a payout of accrued annual leave amounting to $56,569 and $31,457 during the year ended 30
June 2013. Dr Jih also received $23,333 for 2014 car allowance.
(iii) Long-term employee benefits represent only the long service leave accrued during the year.
(iv) Share-based payments include both short term and long term incentives. Incentives will only vest if certain performance
conditions are met. For details of performance conditions please seeTable 3 and 4 on page 39 and 40.
(v) M Berry was appointed effective 1 August 2013. J Carr resigned effective 21 June 2013.
Table 9: Directors and Key Management Personnel Remuneration
-
-
-
-
-
-
28,715
17,962
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
99,333
90,000
33,358
26,300
78,750
70,000
70,000
70,000
1,944,457
1,920,944
290,026 - - - 25,670 367 - - - 316,063
2014
2013
9,188
8,100
48,534
50,000
7,284
6,300
6,475
6,300
262,785
226,391
-
-
-
-
-
-
-
-
653,599
547,992
-
-
-
-
-
-
-
-
408,105
165,467
-
-
-
-
-
-
-
-
23,402
18,229
108,521
98,100
81,892
76,300
86,034
76,300
76,475
76,300
3,389,396
3,057,011
2014
2013
2014
2013
2014
2013
2014
2013
2013
Total
Stephen
Barry
Keith
Hilless
Derek
Murphy
Howard
Lu
Ross
Mallett
Martin
Berry (v)
James
Carr (v)
Richard
Holliday
Ray
James
Kevin
Jih
-
-
-
-
-
-
68,333
133,026
Portion
of
Remune
ration
Based
on
Perform
ance
Share-
based
Payment
Post
employm
ent
ShortTerm
Shares
and
Units
(iv)
Terminat
ion
Benefits
Long-term
Employee
Benefits
(iii)
Super-
annuation
Other
Benefits
(ii)
Non-
monetary
Benefits
Cash
Bonus
Salaries
&Fees
(i)
$ $ $ $ $ $ $ % $
Year
ended
Total
-
-
28,715
17,962
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
25%
26%
20%
23%
25%
25%
15%
-
18%
19%
491,264
483,223
356,097
347,923
293,973
287,439
254,413
-
267,269
256,033
63,537
47,648
48,184
33,723
29,820
25,670
23,254
-
26,509
22,980
261,477
249,158
151,220
144,095
119,787
112,803
52,721
-
68,394
68,936
182,016
71,174
161,651
41,162
27,032
31,561
18,827
-
18,579
21,570
14,057
13,524
6,227
3,653
1,943
352
405
-
770
333
1,057,351
966,296
775,427
619,975
472,555
457,825
349,620
-
381,521
369,852
2014
2013
2014
2013
2014
2013
2014
2013
2014
2013
45,000
101,569
23,333
31,457
-
-
-
-
-
-
Executive and Senior Managers
Non-executive Directors
ABN 61 058 454 569 ICON ENERGY LIMITED 2014 Annual Report 45