Notes to the Financial Statements - SingTel

More documents

Recommendations

Info

Directors’ ReportFor the financial year ended 31 March 20113. DIRECTORS’ INTERESTS IN SHARES AND DEBENTURESThe interests of the Directors holding office at the end of the financial year in the share capital of the Company and relatedcorporations according to the register of Directors’ shareholdings kept by the Company under Section 164 of the SingaporeCompanies Act were as follows -Holdings registered in the nameof Director or nomineeHoldings in which Director isdeemed to have an interestAt 31 March 2011At 1 April 2010or date ofappointment,if later At 31 March 2011At 1 April 2010or date ofappointment,if laterSingapore Telecommunications Limited(Ordinary shares)Chumpol NaLamlieng 199,500 199,500 - -Chua Sock Koong 3,690,513 2,940,513 13,154,576 (1) 13,859,950Graham John Bradley AM 40,000 40,000 8,000 (2) 8,000Fang Ai Lian 91,930 91,930 - -Dominic Chiu Fai Ho - - - -Simon Israel 497,820 179,820 1,360 (3) 1,360Peter Edward Mason AM 100,000 (4) 100,000 - -Kaikhushru Shiavax Nargolwala 250,000 250,000 - -Peter Ong Boon Kwee 870 870 1,537 (3) 1,537Ong Peng Tsin 150,000 40,000 - -Nicky Tan Ng Kuang 150,000 150,000 - -(Options to purchase ordinary shares)Chua Sock Koong 700,000 (5) 1,450,000 - -Singapore Airlines Limited(Ordinary shares)Chua Sock Koong 2,000 2,000 - -Simon Israel 9,000 9,000 - -SP AusNet(stapled securities comprising one share in each of SPAustralia Networks (Transmission) Ltd and SP AustraliaNetworks (Distribution) Ltd and a unit in SP AustraliaNetworks (Finance) Trust)Nicky Tan Ng Kuang 900,000 900,000 - -82 SINGAPORE TELECOMMUNICATIONS LIMITED AND SUBSIDIARY COMPANIES
Directors’ ReportFor the financial year ended 31 March 20113. DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES (Cont’d)Holdings registered in the nameof Director or nomineeHoldings in which Director isdeemed to have an interestAt 31 March 2011At 1 April 2010or date ofappointment,if later At 31 March 2011At 1 April 2010or date ofappointment,if laterSingapore Technologies Engineering Limited(Ordinary shares)Fang Ai Lian 50,000 50,000 - -Notes:(1) Chua Sock Koong’s deemed interest of 13,154,576 shares included -(a) 8,886,828 ordinary shares in SingTel held by RBC Dexia Trust Services Singapore Limited, the trustee of a trust established for thepurposes of the Share Plan 2004 for the benefit of eligible employees of the Group;(b) 28,137 ordinary shares held by Ms Chua’s spouse; and(c) an aggregate of up to 4,239,611 ordinary shares in SingTel awarded to Ms Chua pursuant to the Share Plan 2004, subject to certainperformance criteria being met and other terms and conditions.(2) Held by Daphino Pty Limited, a company wholly-owned by Graham John Bradley AM and spouse.(3) Held by spouse.(4) Held by Burgoyne Investments Pty Ltd as trustee for Burgoyne Superannuation Fund. Both Peter Edward Mason AM and spouse aredirectors of Burgoyne Investments Pty Ltd and beneficiaries of Burgoyne Superannuation Fund.(5) At an exercise price of S$1.41 per share (1 April 2010: between S$1.41 and S$2.12 per share).Except as disclosed above, there were no changes to any of the above-mentioned interests between the end of the financial yearand 21 April 2011.4. DIRECTORS’ CONTRACTUAL BENEFITSSince the end of the previous financial year, no Director has received or become entitled to receive a benefit by reason of acontract made by the Company or a related corporation with the Director or with a firm of which he is a member, or with acompany in which he has a substantial financial interest except as disclosed in the notes to the financial statements and inthis report.5. SHARE OPTIONS AND PERFORMANCE SHARESThe Compensation Committee is responsible for administering the share option and performance share plans. At the date ofthis report, the members of the Compensation Committee are Chumpol NaLamlieng (Chairman of the Compensation Committee),Graham John Bradley AM, Fang Ai Lian, and Ong Peng Tsin.Heng Swee Keat, John Powell Morschel, and Deepak S Parekh, who served during the financial year, stepped down as membersof the Compensation Committee following the conclusion of the Annual General Meeting on 30 July 2010.ANNUAL REPORT 2010/2011 83
Page 4 and 5: Directors’ ReportFor the financia
Page 10 and 11: Independent Auditors’ ReportTo th
Page 12 and 13: Consolidated Statement of Comprehen
Page 14 and 15: Statements of Financial PositionAs
Page 16 and 17: Statements of Changes in EquityFor
Page 18 and 19: Statements of Changes in EquityFor
Page 20 and 21: Consolidated Statement of Cash Flow
Page 22 and 23: Notes to the Financial StatementsFo
Page 52 and 53:
Notes to the Financial StatementsFo
Page 54 and 55:
Page 56 and 57:
Page 58 and 59:
Page 60 and 61:
Page 62 and 63:
Page 64 and 65:
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
Page 76 and 77:
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
Page 100 and 101:
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114:
show all

Notes to the Financial Statements - SingTel

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?