AS AT 30 JUNE 2011
22
The following amounts were paid to the Key Management Personnel during the 2010 year as part of their ongoing
remuneration:
Post-
Short-term employment Long-term Share-based
2010
employee benefts
benefts
benefts
payments
Options,
performance
rights and
Cash salary
Cash
Super- Long service
deferred
and fees
bonus
annuation
leave
shares
Total
Name
$
$
$
$
$
$
Non-Executive Directors of FlexiGroup Limited
M Jackson (Chairman)
150,000
–
13,500
–
–
163,500
A Abercrombie
130,000
–
11,700
–
–
141,700
R Dhawan
90,000
–
8,100
–
– 98,100
R J Skippen
90,000
–
8,100
–
– 98,100
Executives of FlexiGroup
J DeLano
Director and Chief Executive Ofcer
514,388 627,015 46,295
10,919 610,338* 1,808,955
G McLennan
Chief Financial Ofcer
350,918
195,000
31,583
1,659
147,043 726,203
D Klotz
Head of Operations
403,338
104,753
15,619
2,087
190,963 716,760
N Roberts
Head of National Sales
327,472
140,007
20,158
4,424
197,325 689,386
P Laughton
Chief Information Ofcer
345,733
74,467
26,616
5,023
135,995 587,834
2,401,849 1,141,242
181,671
24,112 1,281,664 5,030,538
* In addition to the above there is a share-based payments expense arising from options issued to J DeLano of $547,457 by the former
shareholders of Flexirent Holdings Pty Limited. Refer to page 25 for further details of this arrangement.
As a result, the total Director and Key Management Personnel compensation for 2011 and 2010 was as follows:
2011
2010
$
$
Cash salary and fees
2,500,156
2,401,849
Cash bonus
1,163,031
1,141,242
Post-employment benefts – superannuation
177,810
181,671
Long service leave
32,815
24,112
Share-based payments expense – options, performance rights and deferred shares
1,191,153
1,829,121
5,064,965
5,577,995
Directors’ Report (continued)