Annual Report 2007 - The Link REIT

Annual Report 2007
The Link Real Estate Investment Trust
99
Notes to the Consolidated Financial Statements
10 Staff Costs (continued)
(c)
Five highest paid individuals
Thefi ve individuals whose emoluments were the highest in the Group for the year/period include one director
whose emoluments are reflected in the analysis presented above. The emoluments payable to the remaining four
individuals during the year/period are as follows:
Year ended Period ended
31 March 2007 31 March 2006
HK$’M
HK$’M
Basic salaries, other allowances and benefits in kind 7 3
Discretionary bonus 1 –
Total 8 3
The emoluments of thefi ve individuals fell within the following bands:
Year ended Period ended
31 March 2007 31 March 2006
Number of Number of
individuals individuals
Emoluments bands
Nil – HK$500,000 – 1
HK$500,001 – HK$1,000,000 – 3
HK$1,500,001 – HK$2,000,000 2 1
HK$2,000,001 – HK$2,500,000 1 –
HK$2,500,001 – HK$3,000,000 1 –
HK$6,500,001 – HK$7,000,000 1 –
(d) Pension – defined contribution plan
The Group operates a pension scheme – Mandatory Provident Fund. The scheme is a defined contribution plan
funded through payments to trustee-administered funds. A defined contribution plan is a pension plan under which
the employer paysfi xed contributions into a separate entity (a fund). The Group has no further payment obligations
once the contributions have been paid.