1994 — Page 54

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Notes on the Accounts

The Directors' remuneration is analysed as follows:

Exceeding

Nil

HK$1,500,000

HK$2,500,000

HK$5,500,000·

Not exceeding

HK$1,000,000

HK$2,000,000

HK$3,000,000

HK$6,000,000

6. MANAGEMENT REMUNERATION

Number of directors

1994

1993

8

9

1

1

1

―

The two (1993 one) highest individual remuneration is shown in Note 5. The aggregate amount of the remaining three (1993 - four) highest individuals' aggregate

remuneration is as follows:

Salaries and allowances

Discretionary and performance related

bonuses

Retirement fund contributions

The above remuneration is analysed as follows:

1994

HK$'000

1993

HK$'000

3,708

4,187

1,427.

62

332

291

5,467

4,540

Number of executives

Exceeding

Not exceeding

1994

1993

HK$1,000,000

HK$1,500,000

4

HK$1,500,000

HK$2,000,000

HK$2,000,000

2

HK$2,500,000

1

The Kowloon Motor Bus Company (1933) Limited