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01/07/2025

Example of remuneration disclosure table for key management personnel - Commonwealth companies

Key Management Personnel remuneration reporting example

The following example demonstrates how the key management personnel (KMP) note would be presented. During the reporting period ended 30 June 20X1, Company X had 4 executives who meet the definition of key management personnel. Their names and the length of term as KMP are summarised below.

NamePositionTerm as KMP
Amy [Surname]Chief Executive Officer (CEO)Full year
Suraj [Surname]Deputy CEOFull year
Kate [Surname]Chief Financial Officer (CFO)Full year – Terminated on 30 June 20X1
Jesse [Surname]Chief Operating Officer (COO)1Part-year – Appointed 1/03/20X1

1 The COO was a newly created position during the year with a single occupant of this role.  


In the notes to the financial statements for the period ending 30 June 20X1, Company X disclosed the following KMP expenses.

Note X: Key management personnel remuneration for the reporting period20X0-X1    
$
Short-term benefits: 
Base Salary1,233,000
Bonus113,000
Other benefits and allowances220,000
Total short-term benefits1,366,000
Superannuation70,597
Total post-employment benefits70,597
Other long-term benefits: 
Long service leave20,680
Total other long-term benefits20,680
Termination benefits50,000
Total key management personnel remuneration1,507,277

2 Includes $20,000 for car parking.    

In accordance with the Public Governance, Performance and Accountability Rule 2014, this information now needs to be further disaggregated. The below table shows how this information would be presented in the body of the annual report.

 Short-term benefitsPost employment benefitsOther long-term benefitsTermination benefitsTotal remuneration
NamePosition TitleBase SalaryBonusesOther benefits 
and allowances
 		Superannuation contributionsLong service leaveOther long-term benefits  
Amy [Surname]CEO445,00045,00010,00020,0497,500--527,549
Suraj [Surname]Deputy CEO340,00035,00010,00020,0495,840--410,889
Kate [Surname] CFO330,00033,000-20,0495,500-50,000438,549
Jesse [Surname]COO118,000--10,4501,840--130,290
Total

 

1,233,000113,00020,00070,59720,680-50,0001,507,277
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