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NOTES TO THE CONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

46. REMUNERATION TO CHIEF EXECUTIVE, DIRECTORS AND EXECUTIVES
2020
Chief Directors Executives
Executive
(Rupees ‘000)
Managerial remuneration 22,500 38,707 516,652
Medical allowance – – 12,653
Bonus – – –
Meetings fee – 6,600 –
Reimbursable expenses – – 52,318
Staff retirement gratuity – – 24,582
Contribution to provident fund – – 7,167
Other allowances 308 2,040 41,068
22,808 47,347 654,440
Number of persons 1 7 138

2019
Chief Directors Executives
Executive
(Rupees ‘000)

Managerial remuneration 24,008 43,442 240,236
Medical allowance – 170 6,060
Bonus 3,750 4,300 29,924
Superannuation fund – 33,825 –
Meetings fee – 2,250 –
Staff retirement gratuity – – 14,967
Other allowances – 207 57,356
27,758 84,194 348,543
Number of persons 1 8 63

The chief executive officer, executive director and some executives are provided with company maintained cars.

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