Maxis Berhad
Annual Report 2015
page
110
Notes to the Financial Statements
31 December 2015
9 KEY MANAGEMENT PERSONNEL REMUNERATION
Key management personnel comprise persons including Directors of the Company, having authority and responsibility for planning, directing and
controlling the activities of the Group entities either directly or indirectly.
The aggregate amount of emoluments received/receivable by key management personnel excluding Directors of the Company during the financial
year is as follows:
Group
2015
RM’000
2014
RM’000
Salaries and other short-term employee benefits
10,470
11,279
Defined contribution plan
1,124
965
Share-based payments
1,716
23
Estimated monetary value of benefits-in-kind
125
569
13,435
12,836
The remuneration for certain key management personnel of the Group was paid by Maxis Mobile Sdn. Bhd., a wholly-owned subsidiary of the
Company and provider of corporate support and services functions for the Group, and was charged to the Company as management fees at
RM514,000 (2014: RM234,000).
Total key management personnel remuneration of the Group and of the Company for the financial year is RM46,181,000 (2014: RM33,878,000)
and RM2,746,000 (2014: RM3,042,000) respectively.
10 STAFF COST (INCLUDING EXECUTIVE DIRECTOR’S SALARIES, OTHER SHORT-TERM AND LONG-TERM EMPLOYEE BENEFITS, AND
INCENTIVE ARRANGEMENT)
Group
2015
RM’000
2014
RM’000
Wages, salaries and bonuses
355,149
317,214
CTS costs
(1)
-
(793)
Defined contribution plan
43,538
32,367
Other short-term employee benefits
38,772
46,975
Other long-term employee benefits
3,278
-
Incentive arrangement
8,122
977
ESOS and LTIP
16,163
2,389
465,022
399,129
Note:
(1)
In 2013, the Group underlook an organisational refinement exercise and CTS was offered to selected employees.
