NOTES TO THE FINANCIAL STATEMENTS
14. DIRECTORS' EMOLUMENTS
2010 £000 |
2009 £000 |
|
Executive Directors: |
||
Salary |
975 |
975 |
Performance-related cash bonus paid or payable |
458 |
257 |
Share-based payments |
847 |
689 |
Other emoluments |
65 |
67 |
Payment in lieu of pension provision |
95 |
95 |
Non-executive Directors |
399 |
376 |
2,839 |
2,459 |
The cost of share-based payment represents the amount charged to the income statement, as described in note 32.
The aggregate gains on vesting of Directors' share-based awards amounted to a total of £378,000 (2009 £569,000).
Total gains made by Directors on the exercise of share options were £3,000 (2009 nil).
Total emoluments include £1,301,000 (2009 £995,000) payable to Directors for services as directors of subsidiary undertakings.
At 31 March 2010 retirement benefits were accruing to two Directors under defined benefit pension schemes (2009 two). The accrued pension entitlement at 31 March 2010 under defined benefit schemes of the highest paid Director was £146,000 (2009 £122,000).
No pension contributions were payable to defined contribution schemes but one Director received payments in lieu of pension provision.
More detailed information concerning Directors' emoluments (including pensions and the highest paid Director) and share interests is shown in the Directors' remuneration report.