continued - The Lion Group
continued - The Lion Group
continued - The Lion Group
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7. EMPLOYEE BENEFITS EXPENSES<br />
<strong>Group</strong> Company<br />
2010 2009 2010 2009<br />
RM’000 RM’000 RM’000 RM’000<br />
Salaries, wages and bonuses 71,566 73,358 520 720<br />
Defined contribution plans 8,737 8,636 62 95<br />
Defined benefit plan (Note 36(a)) 236 179 – –<br />
Share options granted under<br />
ESOS (Note 36(b)) 21 117 – 7<br />
Other staff related expenses 16,642 20,960 223 251<br />
97,202 103,250 805 1,073<br />
Included in the employee benefits expenses of the <strong>Group</strong> and of the Company are remuneration of an executive<br />
Director and other members of key management as follows:<br />
<strong>Group</strong> Company<br />
2010 2009 2010 2009<br />
RM’000 RM’000 RM’000 RM’000<br />
Salaries and other emoluments 2,562 2,612 743 971<br />
Defined contribution plans 232 284 62 95<br />
Share options granted under ESOS 20 49 – –<br />
2,814 2,945 805 1,066<br />
An executive Director of the <strong>Group</strong> and other members of key management have been granted the following<br />
number of options under the ESOS:<br />
63<br />
<strong>Group</strong><br />
2010 2009<br />
’000 ’000<br />
At 1 July/30 June 1,138 1,138<br />
<strong>The</strong> share options were granted on the same terms and conditions as those offered to other employees of the<br />
<strong>Group</strong> (Note 36(b)).<br />
Key management personnel are those persons having authority and responsibility for planning, directing and<br />
controlling the activities of the entity, directly or indirectly, including any executive Director of the <strong>Group</strong>.<br />
8. OTHER OPERATING EXPENSES<br />
Included in the other operating expenses of the <strong>Group</strong> are plant repair and maintenance costs and electricity<br />
charges relating to manufacturing of hot rolled coils and cold rolled coils totalling RM388.9 million (2009:<br />
RM327.6 million).