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Annual Report and Accounts 2011

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Notes to the Annual Financial Statements
For the year ended 30 June 2011

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12. Directors' and employees' remuneration

Staff costs (excluding the Non-Executive Directors) during the year were as follows:

US$ million 2011 2010
Wages and salaries – mining 75.0 53.9
Wages and salaries – exploration 0.5 0.5
Wages and salaries – administration 4.3 3.4
Pension 0.1 0.1
79.9 57.9

In addition, during the year the Group capitalised US$4.7 million of wages and salaries relating to the rebuild and expansion projects at Williamson. During the prior year, the Group capitalised US$8.2 million of salaries and wages relating to the feasibility study at Williamson.

Number Number
The number of employees (excluding the Non-Executive Directors and contractors) at the various
mining and exploration operations of the Group at the end of the Period was 3,902
(30 June 2010: 3,701), employed as follows:
Mining and exploration 3,729 3,553
Administration 173 148
3,902 3,701

Remuneration in respect of Executive and Non-Executive Directors was as follows:

US$ million Base
remuneration
Performance-
related
bonus
2011
Total
2010
Total
Executive Directors
A Pouroulis 0.2 0.1 0.3 0.3
D Abery 0.4 0.3 0.7 0.6
J Dippenaar 0.4 0.3 0.7 0.6
J Davidson 0.4 0.3 0.7 0.6
1.4 1.0 2.4 2.1

The Directors are considered to be key management.

Non-Executive Directors

Non-Executive Directors received remuneration of US$0.1 million (30 June 2010: US$0.1 million).

Further detail in respect of Executive and Non-Executive Directors remuneration during the year is disclosed in the Directors' Remuneration Report. The IFRS 2 charge relating to the Executive Directors for the year was US$0.6 million (30 June 2010: US$0.7 million). See note 28 in respect of share-based payments.