Annual Report 2010 in PDF - BBA Aviation

Annualised total shareholder return: Cumulative total shareholder return:
BBA Aviation vs Industrial Transportation sector BBA Aviation vs Industrial Transportation sector
Total shareholder return % Total shareholder return %
160
140
120
100
80
60
40
20
0
-20
-40
-60
-80
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
BBA Aviation
FTSE 350 Industrial Transportation Index
Table 1 – Emoluments and fees (audited)
Michael Harper
Simon Pryce
Mark Hoad4 Mark Harper
Nick Land
Peter Ratcliffe
Hansel Tookes
Andrew Wood8 John Roques8 Total
120
100
80
60
40
20
0
-20
-40
-60
-80
Basic salary
and fees
£000
179
525
168
54
55
42
546 116
16
1,209
BBA Aviation
FTSE 350 Industrial Transportation Index
Car Other
allowance emoluments
£000 £000
– –
14 1052 9 345 – –
– –
– –
– –
5 327 – –
28 171
Benefits 1
£000
–
5
2
–
–
–
–
–
–
7
Annual
bonus
£000
–
4603 2243 –
–
–
–
106
–
790
Total
2010
£000
179
1,109
437
54
55
42
546 259
16
2,205
1 Benefts include benefts in kind such as life assurance and private medical insurance.
2 Amount paid by the Company into Simon Pryce’s Self Invested Personal Pension.
3 50% of the 2010 annual bonus is subject to compulsory deferral and also subject to forfeiture in the circumstances described in page 78.
4 From date of appointment 29 April 2010.
5 Amount paid by the Company into Mark Hoad’s stakeholder-style Defned Contribution Plan.
6 The non-executive director fee paid to Hansel Tookes is a US dollar-based fee of US$84,000 p.a. The sterling amount paid dur ing 2010 has decreased from that paid in 2009 as a result of the
change in the sterling/US dollar exchange rate. An exchange rate is set at the end of March each year and an exchange rate based adjustment is made in the following March.
7 The Company’s contributions to Andrew Wood’s FURBS ceased on 5 April 2006 and following the change in UK pension law he elected to receive a cash replacement equivalent to the
FURBS beneft (£31,510).
8 To date of retirement as a director on 29 April 2010.
Table 2 – Directors’ interests in share capital (includes interests held by a director’s spouse)
Total
2009
£000
177
1,089
–
52
51
41
68
732
47
2,257
Ordinary 29 16 /21p shares Ordinary 29 16 /21p shares
1 Jan 2010 31 Dec 2010
Beneficial Benefcial
Michael Harper 144,397 150,965
Simon Pryce 603,333 731,823
Mark Hoad 46,673* 48,498
Mark Harper 20,000 20,000
Nick Land 10,000 10,000
Peter Ratcliffe – 15,000
Hansel Tookes 30,167 30,167
Andrew Wood 253,925 253,925**
John Roques 20,920 20,920**
There were no changes in directors’ interests in share capital between 31 December 2010 and 1 March 2011.
* As at date of appointment 29 April 2010.
** To date of retirement as a director on 29 April 2010.
Directors’ Report — 81