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Directors’ emoluments The aggregate emoluments of the Directors of the Company were as follows: 1999 1998 £000 £000 Executive Directors Basic salary 2,882 3,134 Long-term incentive scheme/performance related bonus – 2,213 Profit sharing 138 109 Benefits 147 167 Compensation for loss of office 231 – 3,398 5,623 Non-Executive Directors Fees 293 100 3,691 5,723 The emoluments set out above cover a 56 week period in 1999 compared to a 52 week period in 1998. The basic salary received by Executive Directors in the 52 weeks ended 6 March 1999 amounted to £2,703,000 and total Directors’ emoluments in the 52 weeks ended 6 March 1999 amounted to £3,478,000. The emoluments of each of the Executive Directors are set out below: Compensation for Total Total Basic salary Profit sharing Benefits loss of office 1999 1998 Note £000 £000 £000 £000 £000 £000 Dino Adriano 538 21 20 – 579 728 David Bremner 386 16 22 – 424 548 Ian Coull 307 14 12 – 333 484 John Adshead CBE 291 13 17 – 321 455 Robin Whitbread 264 11 11 – 286 410 Kevin McCarten 264 11 19 – 294 409 Rosemary Thorne 248 12 16 – 276 426 David Clapham 1 215 10 9 – 234 340 David Sainsbury 2 156 16 10 – 182 471 Bob Cooper 3 213 14 11 231 469 493 Tom Vyner CBE – – – – – 832 Colin Harvey – – – – – 27 2,882 138 147 231 3,398 5,623 As noted above the figures for 1999 are for a 56 week period. The 1998 figures are for a 52 week period. No amounts were receivable by the Directors in respect of the Company’s Long Term Incentive Scheme for the 56 week period ended 3 April 1999. Notes 1. Retired as a Director in May 1999. 2. Highest paid Director. In addition to the emoluments above, gains on options exercised in the year amounted to £431,000. Retired as a Director on 30 July 1998. Chairman until date of retirement. 3. Following his retirement as a Director on 20 November 1998, Bob Cooper continued to be employed by the Company until 5 March 1999 during which time he received a salary of £87,000. J Sainsbury plc Annual report and accounts 1999 29
Report of the Remuneration Committee Directors’ emoluments continued The emoluments of each of the Non-Executive Directors are set out below: 30 J Sainsbury plc Annual report and accounts 1999 Fees 1999 1998 Note £000 £000 Sir George Bull 1 185 - Sir Terence Heiser GCB 30 24 Rt Hon Sir Timothy Sainsbury 24 22 Sir Clive Thompson 2 24 22 Sir David Scholey CBE 30 25 Dr John Ashworth – 7 Notes 1. Appointed as a Director on 20 April 1998. Appointed Chairman on 30 July 1998. 2. The fees of Sir Clive Thompson are remitted to Rentokil Initial plc. Directors’ pension entitlements The pension entitlements of the Directors who served during the 56 week period ended 3 April 1999 were as follows: 293 100 Additional Transfer Accrued pension earned value of entitlements at Age at Length of in the year increase year-end 3 April 1999 service £000 £000 £000 Dino Adriano 56 35 60 950 297 David Bremner 41 3 12 86 27 Ian Coull 48 12 11 129 95 John Adshead CBE 53 10 18 260 114 Robin Whitbread 48 30 12 131 118 Kevin McCarten 41 4 10 74 26 Rosemary Thorne 47 7 7 68 54 David Clapham 52 35 9 118 114 David Sainsbury* 58 35 – – 173 Bob Cooper* 50 23 29 356 87 * At date of retirement. The transfer value represents the capital sum that would be necessary to acquire the incremental annual pension earned in the year which would be payable each year from normal retirement age and therefore cannot be meaningfully added to annual remuneration. The accrued pension entitlement shown is the amount that would be paid each year following retirement based on retirement at age 60 (or at the date of retirement for Directors who have retired during the year). The increase in the additional pension earned during the year excludes any increase for inflation. Members of the scheme have the option of paying Additional Voluntary Contributions. Neither these contributions nor the resulting benefits are shown in the above table.
Page 1 and 2: Annual report and accounts 1999
Page 3 and 4: J Sainsbury plc is one of the world
Page 5 and 6: Financial highlights Group sales £
Page 7 and 8: A common theme runs through our Gro
Page 9 and 10: Right: As customer tastes become mo
Page 11 and 12: Above: Our Prawn Laksa, a spicy coc
Page 13 and 14: Greater choice, greater value Left:
Page 15 and 16: Above: Sainsbury’s Hydro Source i
Page 17 and 18: Operating review SAINSBURY’S SUPE
Page 19 and 20: Operating review Sainsbury’s Cent
Page 21 and 22: Operating review Shaw’s Directors
Page 23 and 24: Financial review Group capital expe
Page 25 and 26: Board of Directors 22 J Sainsbury p
Page 27 and 28: Report of the Directors for the 56
Page 29 and 30: Report of the Directors Annual Gene
Page 31: Report of the Remuneration Committe
Page 35 and 36: Report of the Remuneration Committe
Page 37 and 38: Accounting policies Basis of accoun
Page 39 and 40: Group profit and loss account for t
Page 41 and 42: Group cash flow statement for the 5
Page 43 and 44: Notes to the accounts at 3 April 19
Page 45 and 46: Notes to the accounts 5 Profit on o
Page 47 and 48: Notes to the accounts 11 Tangible f
Page 49 and 50: Notes to the accounts 13 Investment
Page 51 and 52: Notes to the accounts 17 Current as
Page 53 and 54: Notes to the accounts 21 Financial
Page 55 and 56: Notes to the accounts 21 Financial
Page 57 and 58: Notes to the accounts 24 Called up
Page 59 and 60: Notes to the accounts 27 Reconcilia
Page 61 and 62: Interim accounts 52 weeks ended 6 M
Page 63 and 64: Ten year financial record 60 J Sain
Page 65 and 66: Investor information Shareholders
Page 67 and 68: Financial calendar, registered offi
Page 69: J Sainsbury plc Stamford House Stam

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