2006 - TCL Communication Technology Holdings Limited

TCL COMMUNICATION TECHNOLOGY HOLDINGS LIMITED
Notes to Financial Statements
31 December 2006
11. DIRECTORS’ REMUNERATION AND FIVE HIGHEST PAID EMPLOYEES
Directors’ remuneration for the year, disclosed pursuant to the Listing Rules and Section 161 of the Hong Kong
Companies Ordinance, are as follows:
Group
2006 2005
HK$’000
HK$’000
Fees 1,195 1,623
Other emoluments:
Salaries, allowances and benefits in kind 1,460 2,875
Employee share option benefits 2,824 2,073
Pension scheme contributions 24 70
5,503 6,641
During 2005 and 2006, certain directors were granted share options, in respect of their services to the Group,
under the share option scheme of the Company, further details of which are set out in note 33 to the financial
statements and the director’s report. The fair value of such options, which has been recognised to income statement
over the vesting period, was determined as at the date of the grant and the amount included in the financial
statements for the current year is included in the above directors’ remuneration disclosures.
(a)
Independent non-executive directors
The fees paid to independent non-executive directors during the year were as follows:
2006 2005
HK$’000
HK$’000
Mr. Shi Cuiming 180 180
Mr. Wang Chongju 180 180
Mr. Lau Siu Ki 180 180
540 540
During 2005 and 2006, all independent non-executive directors were granted share options, in respect of
their services to the Group, under the share options scheme of the Company, further details of which are
set out in note 33 to the financial statements. The fair value of such options and other share option granted
to the independent non-executive directors, which has been recognised to income statement over the
vesting period was determined as at the date of the grant and the amount of HK$147,000 (2005: HK$90,000)
recognised in the income statement for the current year is included in the above directors’ remuneration
disclosures.
Annual Report 2006
77