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Report & Accounts 2005

Directors' Remuneration Report

Unaudited information
Around two-thirds of each Executive Director's remuneration is variable and is linked to performance. The performance conditions for each variable element are the same for each Executive Director. The following two charts show the fixed (base salary only) and variable elements of the remuneration package for Executive Directors for 2005 and 2006 assuming the target (AIP only) and expected value levels of remuneration are achieved.

Fixed and variable elements 2005


View a text version of the graph displaying the Fixed and variable elements for 2005 (opens in a new window)

Fixed and variable elements 2006


View a text version of the graph displaying the Fixed and variable elements for 2006 (opens in a new window)

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