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BUSINESS MODEL

AND STRATEGIC

OBJECTIVES

LEADERSHIP

GOVERNANCE

OPERATING

PERFORMANCE

SHAREHOLDERS’

INFORMATION AND

ADMINISTRATION

FINANCIAL

PERFORMANCE

BLUE LABEL INTEGRATED ANNUAL REPORT 2014

201

NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS

CONTINUED

For the year ended 31 May 2014

Subtotal

R’000

Services as

directors

of

subsidiaries

of

Blue Label

Telecoms

Limited

R’000

Salary and

allowances

from

subsidiaries

R’000

Bonuses

and

performance-

related

payments

from

subsidiaries

R’000

Retirement

and

related

benefits

from

subsidiaries

R’000

Corporate

finance

and legal

fees for

services

rendered

to

Blue Label

Telecoms

Group

R’000

Total

R’000

Fair value

of

forfeitable

shares

R’000

6 797

—

—

—

—

—

6 797

10 069

6 797

—

—

—

—

—

6 797

10 069

5 731

—

—

—

—

—

5 731

8 489

1 482

—

—

—

—

—

1 482

4 390

1 588

—

—

—

—

—

1 588

4 390

22 395

—

—

—

—

— 22 395

37 407

843

—

—

—

—

—

843

—

264

—

—

—

—

—

264

—

540

460

—

—

—

—

1 000

—

523

—

—

—

—

10 874 11 397

—

373

—

—

—

—

—

373

—

309

—

—

—

—

—

309

—

2 852

460

—

—

—

10 874 14 186

—

1 482

—

—

—

—

—

1 482

—

1 482

—

—

—

—

—

1 482

—

26 729

460

—

—

—

10 874 38 063

37 407