Contents - Genting Group
Contents - Genting Group
Contents - Genting Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
GENTING BERHAD • Annual Report 2001<br />
9. DIRECTORS' REMUNERATION<br />
<strong>Group</strong> Company<br />
2001 2000 2001 2000<br />
RM'000 RM'000 RM'000 RM'000<br />
Non-Executive Directors*:<br />
Fees 169 162 139 135<br />
Professional fees 240 240 240 240<br />
Salary 157 150 - -<br />
Bonus 26 55 - -<br />
Allowance/contribution 83 85 60 60<br />
(Write-back)/provision for retirement gratuities (3) 37 - -<br />
Estimated money value of benefits-in-kind<br />
(not charged to the income statements) 29 49 8 28<br />
Executive Directors:<br />
Fees 450 519 225 264<br />
Professional fees - 507 - -<br />
Salaries 32,373 27,990 15,006 13,969<br />
Bonuses 7,476 12,165 3,542 3,215<br />
Allowances/contributions 6,202 9,083 2,694 5,177<br />
(Write-back)/provision for retirement gratuities (3,116) 12,228 (1,682) 2,297<br />
Estimated money value of benefits-in-kind<br />
(not charged to the income statements) 275 290 80 103<br />
44,361 63,560 20,312 25,488<br />
* A Non-Executive Director of the Company receives salary and related benefits from an indirect subsidiary company by<br />
virtue of he being an Executive Director of the said indirect subsidiary company.<br />
Remuneration of the Directors of the Company, in respect of services rendered to the Company and various other companies<br />
of the <strong>Group</strong>, is represented by the following bands:<br />
2001 2000<br />
Number<br />
Amounts in RM'000<br />
Non-Executive Directors:<br />
50 and below 3 2<br />
600 - 650 1<br />
650 - 700 1<br />
Executive Directors:<br />
700 - 750 1 1<br />
1,050 - 1,100 1<br />
1,100 - 1,150 1<br />
2,300 - 2,350 1<br />
4,000 - 4,050 1<br />
8,250 - 8,300 1<br />
33,500 - 33,550 1<br />
54,600 - 54,650 1<br />
10. TAXATION<br />
<strong>Group</strong> Company<br />
2001 2000 2001 2000<br />
Current taxation:<br />
Malaysian taxation 342.2 300.0 113.9 105.2<br />
Foreign taxation 0.7 1.2 - -<br />
342.9 301.2 113.9 105.2<br />
Under/(over) provision in respect of prior years 8.2 - (0.5) -<br />
Deferred taxation 0.6 0.5 0.5 (0.8)<br />
Share of tax in associated companies 34.6 50.3 - -<br />
386.3 352.0 113.9 104.4<br />
45