Maxis Berhad | Annual Report 2013

111 OVERVIEW OUR BUSINESS STRATEGIC REVIEW CORPORATE GOVERNANCE FINANCIAL STATEMENTS Maxis Berhad Annual Report 2013 OTHER INFORMATION 9 KEY MANAGEMENT PERSONNEL REMUNERATION Key management personnel comprise persons including Directors of the Company, having authority and responsibility for planning, directing and controlling the activities of the Group entities either directly or indirectly. The aggregate amount of emoluments received/receivable by key management personnel excluding Directors of the Company during the financial year is as follows: GROUP COMPANY 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 Salaries and other short-term employee benefits 29,607 31,015 903 958 CTS costs (1) 1,429 – 63 – Defined contribution plan 2,275 1,944 61 51 Estimated monetary value of benefits-in-kind 1,578 1,389 60 49 ESOS expense 1,055 402 – – 35,944 34,750 1,087 1,058 (2) Notes: (1) The Group has undertaken an organisational refinement exercise to make it more agile and cohesive in delivering its integrated propositions, as well as support its growth strategies. As part of this exercise, the Group has offered CTS to selected employees. (2) Key management personnel remuneration was paid by Maxis Mobile Sdn. Bhd., a wholly-owned subsidiary of the Company and provider of corporate support and services functions for the Group, and charged to the Company as management fees. The total key management personnel remuneration of the Group and of the Company for the financial year is RM44,978,000 (2012: RM47,111,000) and RM4,266,000 (2012: RM4,084,000) respectively. 10 STAFF COST (INCLUDING EXECUTIVE DIRECTORS’ SALARIES AND OTHER SHORT-TERM EMPLOYEE BENEFITS) GROUP NOTE 2013 2012 RM’000 RM’000 Wages, salaries and bonuses 355,859 375,689 CTS costs 143,267 – Defined contribution plan 41,236 41,800 Other employee benefits 51,035 49,516 ESOS expense 31(b) 4,353 2,427 595,750 469,432