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Notes to the Consolidated Financial Statements

31st March 2016

8 EMPLOYEE BENEFIT EXPENSES (INCLUDING DIRECTORS’ EMOLUMENTS) (CONTINUED)

Notes: (Continued)
(b) Five highest paid individuals

The five individuals whose emoluments were the highest in the Group for the year include four (2015: four) directors whose
emoluments are reflected in the analysis presented in Note 9. The emoluments payable to the remaining one (2015: one) individual
during the year are as follows:

2016 2015
HK$’000 HK$’000
Basic salaries, housing allowances, other allowances and benefits in kind 1,380 1,343
Discretionary bonuses 7,000 4,800
Contributions to pension schemes 18 15

8,398 6,158

The emoluments fell within the following bands:

Number of individual
2016 2015

Emolument bands
HK$6,000,001 – HK$7,000,000 – 1
HK$8,000,001 – HK$9,000,000 1 –

(c) Senior management compensation

The emoluments of the senior management include the one (2015: one) individual whose emoluments are reflected in the analysis
presented in Note 8(b).

The emoluments of the remaining two (2015: two) senior management during the year are as follows:

Number of individuals
2016 2015
Emolument bands
HK$1 – HK$1,000,000 – 1
HK$1,000,001 – HK$2,000,000 2 1

ALCO HOLDINGS LIMITED ANNUAL REPORT 2016 61