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Note 12: Senior executive remuneration

Note 12a: Senior Executive remuneration expenses for the reporting period
  2013 $ 2012 $

Notes:

1. This note is prepared on an accrual basis (therefore the performance bonus expenses disclosed above may differ from the cash ‘Bonus paid’ in note 12b).

2. This note excludes acting arrangements and part year service where total remuneration expensed for a senior executive was less than $180,000.

Short-term employee benefits:
Salary 2,573,527 2,369,232
Annual leave accrued 250,413 230,477
Performance bonuses - 4,745
Motor vehicle and other allowances 339,655 385,803
Total short-term employee benefits 3,163,595 2,990,257
Post employment benefits:
Superannuation 461,830 418,056
Total post employment benefits 461,830 418,056
Other long-term benefits:
Long service leave 191,523 84,539
Total other long-term benefits 191,523 84,539
Termination benefits:
Voluntary redundancy payments - -
Total other long-term benefits - -
Total employment benefits 3,816,948 3,492,852
Note 12b: Average annual reportable remuneration paid to substantive Senior Executives during the reporting period
Average annual reportable remuneration 1 Substantive Senior Executives No. Reportable salary 2
$
Contributed superannuation 3
$
Reportable allowances 4
$
Bonus paid 5
$
Total reportable remuneration $

Notes:

1. This table reports substantive senior executives who received remuneration during the reporting period. Each row is an averaged figure based on headcount for individuals in the band.

2. 'Reportable salary' includes the following:

  1. gross payments (less any bonuses paid, which are separated out and disclosed in the 'bonus paid' column)
  2. reportable fringe benefits (at the net amount prior to 'grossing up' to account for tax benefits)
  3. exempt foreign employment income and
  4. salary sacrificed benefits.

3. The 'contributed superannuation' amount is the average cost to the APSC for the provision of superannuation benefits to other highly paid staff in that reportable remuneration band during the reporting period.

4. 'Reportable allowances' are the average actual allowances paid as per the 'total allowances' line on individuals' payment summaries.

5. 'Bonus paid' represents average actual bonuses paid during the reporting period in that reportable remuneration band. The 'bonus paid' within a particular band may vary between financial years due to various factors such as individuals commencing with or leaving the entity during the financial year.

Average annual reportable remuneration paid to substantive senior executives in 2013
Total remuneration (including part-time arrangements):
Less than $180,000 2 98,745 11,368 - - 110,113
$180,000 to $209,999 2 178,559 27,787 - - 206,346
$210,000 to $239,999 6 194,649 29,334 - - 223,983
$240,000 to $269,999 2 223,250 39,415 - - 262,665
$270,000 to $299,999 1 237,105 34,240 - - 271,345
$300,000 to $329,999 1 282,864 45,145 - - 328,009
$540,000 to $569,999 1 493,276 72,038 - - 565,314
Total 15
Average annual reportable remuneration paid to substantive senior executives in 2012
Total remuneration (including part-time arrangements):
Less than $180,000 3 110,106 14,099 - - 124,205
$180,000 to $209,999 3 176,258 22,566 - - 198,824
$210,000 to $239,999 6 196,624 28,960 - - 225,584
$240,000 to $269,999 1 209,298 39,529 - - 248,827
$270,000 to $299,999 2 247,742 36,198 - 2,372 286,312
$480,000 to $509,999 1 444,375 64,673 - - 509,048
Total 16
Note 12c: Average Annual Reportable Remuneration Paid to Other Highly Paid Staff during the Reporting Period
Average annual reportable remuneration 1 Other highly paid staff No. Reportable salary 2
$
Contributed superannuation 3
$
Reportable allowances 4
$
Bonus paid 5
$
Total reportable remuneration
$

Notes:

1. This table reports staff:

  1. who were employed by the APSC during the reporting period
  2. whose reportable remuneration was $180,000 or more for the financial period and
  3. were not required to be disclosed in Table B or director disclosures.

Each row is an averaged figure based on headcount for individuals in the band.

2. 'Reportable salary' includes the following:

  1. gross payments (less any bonuses paid, which are separated out and disclosed in the 'bonus paid' column)
  2. reportable fringe benefits (at the net amount prior to 'grossing up' to account for tax benefits)
  3. exempt foreign employment income and
  4. salary sacrificed benefits.

3. The 'contributed superannuation' amount is the average cost to the APSC for the provision of superannuation benefits to other highly paid staff in that reportable remuneration band during the reporting period.

4. 'Reportable allowances' are the average actual allowances paid as per the 'total allowances' line on individuals' payment summaries.

5. 'Bonus paid' represents average actual bonuses paid during the reporting period in that reportable remuneration band. The 'bonus paid' within a particular band may vary between financial years due to various factors such as individuals commencing with or leaving the entity during the financial year.

Average annual reportable remuneration paid to other highly paid staff in 2013
Total remuneration (including part-time arrangements):
$180,000 to $209,999 0 - - - - -
Total number of other highly paid staff 0
Average annual reportable remuneration paid to other highly paid staff in 2012
Total remuneration (including part-time arrangements):
$180,000 to $209,999 1 179,677 18,802 - - 198,479
Total number of other highly paid staff 1
Last reviewed: 
11 May 2018