MISC Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS MISC BERHAD | Annual Report 2017 206 7. DIRECTORS' REMUNERATION The details of remuneration receivable by directors of the Corporation during the financial year are as follows: Group Corporation 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Executive: Salaries and other emoluments 1,450 1,601 1,450 1,374 Bonus 311 570 311 570 Defined contribution plans 567 579 567 579 Total executive directors' remuneration (excluding benefits-in- kind) 2,328 2,750 2,328 2,523 Estimated money value of benefits-in-kind 117 120 117 120 Total executive directors' remuneration (including benefits-in-kind) 2,445 2,870 2,445 2,643 Non-executive directors' remuneration: Fees 630 719 630 719 Fees from subsidiaries 644 624 - - Total non-executive directors' remuneration (Note 5) 1,274 1,343 630 719 Total directors' remuneration including benefits-in-kind (Note 32(j)) 3,719 4,213 3,075 3,362 The number of directors of the Corporation whose total remuneration during the financial year fell within the following bands is analysed below: Number of directors 2017 2016 Executive directors: RM2,450,001 - RM2,500,000 1 - RM2,850,001 - RM2,900,000 - 1 Non-executive directors*: RM100,001 - RM150,000 4 4 RM250,001 - RM300,000 1 1 RM550,001 - RM600,000 1 1 6 6 * Excludes the directors of the Corporation who are paid directly by the immediate holding company of the Corporation, PETRONAS.