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 Home >> Consolidated financial statements >> Notes to the financial statements

32. Directors

Directors’ emoluments

The emoluments of the directors for the year ended 31 March 2003 and the benefits received under the long-term incentive plans were, in summary, as follows:

2003
2002
2001
£000
£000
£000






Salaries
3,212
2,223
2,199
Performance-related and special bonus
2,309
1,691
1,036
Deferred bonus in shares
1,484
492
531
Other benefits
644
160
182






7,649
4,566
3,948
Payments to non-executive directors
294
414
388






Total emoluments
7,943
4,980
4,336






Gain on the exercise of share optionsa
75
Value of shares vested under the Executive Share Plan and Retention Share Planb
411
483
782






a The amount for the year ended 31 March 2002 is entirely attributable to former directors.
b The amount for the year ended 31 March 2001 is entirely attributable to former directors.

More detailed information concerning directors’ remuneration, shareholdings, pension entitlements, share options and other long-term incentive plans is shown in the report on directors’ remuneration.

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