2008 Annual Report - Kenford Group Holdings Limited

Notes to the Financial Statements
For the year ended 31 March 2008
15. EMOLUMENTS FOR DIRECTORS AND FIVE HIGHEST PAID INDIVIDUALS (Continued)
(a)
Directors’ emoluments: (Continued)
The remuneration of directors for the year ended 31 March 2007 is set out below:
Employer’s
contribution
Other Discretionary to pension
Fees Salary benefits bonuses scheme Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
Executive Directors
Mr. Lam Wai Ming – 2,630 357 1,500 12 4,499
Mr. Tam Chi Sang – 2,340 344 – 12 2,696
Mr. Chan Kwok Tung, Donny – 1,313 159 – 12 1,484
Independent Non-executive Directors
Mr. Chiu Fan Wa 96 – – – – 96
Mr. Li Chi Chung 96 – - – – 96
Mr. Li Tat Wah 96 – – – – 96
288 6,283 860 1,500 36 8,967
Bonuses granted to directors are based on performance.
There were no arrangements under which a director waived or agreed to waive any remuneration for the year ended
31 March 2008 (2007: Nil).
(b)
Five highest paid individuals:
The fi ve highest paid individuals for the year ended 31 March 2008 included three directors (2007: three) whose
emoluments are refl ected in the analysis presented above. The emoluments payable to the remaining two (2007:
two) individuals during the year are summarised as follows:
2008 2007
HK$’000 HK$’000
Salaries, allowances and other benefi ts 2,204 2,029
Discretionary bonuses 253 246
Retirement benefi ts scheme contributions 24 24
2,481 2,299
The emoluments fall within the following band:
Number of individuals
2008 2007
Emolument band
HK$1,000,001 – HK$1,500,000 2 2
No emolument was paid by the Group to any of the directors or the fi ve highest paid individuals as an inducement
to join the Group or upon joining the Group or as compensation for loss of office for the year ended 31 March 2008
(2007: Nil).
60 KENFORD GROUP HOLDINGS LIMITED