BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
125
Notes to the
Financial Statements
for the financial year ended 31December 2013
28. Related party transactions (CONT’D)
(b)
Compensationof keymanagement personnel
Group
2013
2012
$
$
Short-term employee benefits
3,895,053 5,257,065
Comprise amounts paid/payable to
- Directors of theCompany
1,698,938 3,176,710
- Other keymanagement personnel
2,196,115 2,080,355
3,892,053 5,257,065
29. Directors’ and executives’ remuneration
Directors’ remuneration and fees amounted to $1,526,229 (2012: $3,014,210) and $172,709 (2012: $162,500) respectively.
The number of Directors of the Company with remuneration received from the Company and all of its subsidiaries fall within the
following bands:-
Company
2013
2012
$1,250,000 to$1,499,999
–
2
$500,000 to$999,999
1
–
$250,000 to$499,999
1
–
Below $250,000
7
4
Total
9
6
