Abacus Property Group – Annual Financial Report 2018

ABACUS PROPERTY GROUP
DIRECTORS’ REPORT
30 June 2018
Table 9: Remuneration of Key Management Personnel
2017 Short-term benefits Post Long-term
Non-executive directors
Salary & fees
Current
variable
incentive
Nonmonetary
benefits
Securitybased
Total Performance
employment benefits payment related
Total cash
payments
and short
term
benefits Superannuation
Long
service
leave*
Security
acquisition
rights
(SARs)*
$ $ $ $ $ $ $ $ %
J Thame - Chairman 201,828 - - 201,828 19,172 - - 221,000 -
W Bartlett 114,155 - - 114,155 10,845 - - 125,000 -
M Irving 140,028 - - 140,028 9,828 - - 149,856 -
M Salkinder 109,589 - - 109,589 10,411 - - 120,000 -
P Spira 91,324 - - 91,324 8,676 - - 100,000
Sub-total non-executive directors 656,924 - - 656,924 58,932 - - 715,856
Executive Directors
F Wolf - Managing Director 1,375,411 900,000 6,673 2,282,084 24,589 27,621 569,887 2,904,181 51%
Other key management personnel
E Varejes - Chief Operating Officer # 252,333 - 3,336 255,669 15,167 4,273 64,470 339,579 19%
R Baulderstone - Chief Financial Officer 465,000 270,000 - 735,000 35,000 10,122 138,910 919,032 44%
C Laird - Director Property Developments 465,000 270,000 6,673 741,673 35,000 9,362 165,435 951,470 46%
P Strain - Director Property Investments 465,000 270,000 6,673 741,673 35,000 10,284 151,579 938,536 45%
Sub-total executive KMP 3,022,744 1,710,000 23,355 4,756,099 144,756 61,662 1,090,281 6,052,798
Total 3,679,668 1,710,000 23,355 5,413,023 203,688 61,662 1,090,281 6,768,654
*Accrued but not presently entitled
# Ceased to meet the definition of a key management person in December 2016
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