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2012 Annual Report - ZTE

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ANNUAL REPORT <strong>2012</strong>Notes to Financial Statements(Prepared under Hong Kong Financial <strong>Report</strong>ing Standards)31 December <strong>2012</strong>9. FIVE HIGHEST PAID EMPLOYEESThe five highest paid employees during the year included no (2011: Nil) directors, chief executives orsupervisors, details of whose remuneration are set out in note 8 above. Details of the remuneration forthe year of the five (2011: five) highest paid employees who are neither a director nor chief executive or asupervisor of the Company are as follows:Group<strong>2012</strong> 2011RMB’000 RMB’000Salaries, bonuses, allowances and welfare 13,020 13,336Performance related bonuses 5,576 8,872Retirement benefit scheme contributions — —18,596 22,208The number of non-director, non-supervisor, non-chief executive and highest paid employees whoseremuneration fell within the following bands is as follows:Number of employees<strong>2012</strong> 2011RMB2,000,001 to RMB3,000,000 1 —RMB3,000,001 to RMB4,000,000 3 3RMB4,000,001 to RMB5,000,000 1 1RMB5,000,001 to RMB6,000,000 — —RMB6,000,001 to RMB7,000,000 — —RMB7,000,001 to RMB8,000,000 — 15 5During the year, no director, chief executive or supervisor waived or agreed to waive any emolument, and noemoluments were paid by the Group to the directors, chief executives, supervisors or any of the five highestpaid employees as an inducement to join or upon joining the Group or as compensation for loss of office.369

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