COMPANY       GROUP
2015   2014     (R’million) 2015   2014  
        4 Operating income/(loss) before abnormal items        
        4.1 Operating income/(loss) has been determined after charging/(crediting):        
          External auditors’ remuneration 32,0   35,6  
–   0,3     – Audit fees 28,2   29,9  
          – Other fees and expenses 3,8   5,7  
          Internal auditors’ remuneration 10,9   10,9  
          Depreciation 662,1   679,1  
          – On buildings 64,0   58,1  
          – On plant, equipment and vehicles 595,3   617,5  
          – On capitalised leased assets 2,8   3,5  
          Amortisation 23,8   38,1  
          – On trademarks 18,7   33,2  
          – On licence agreements, supplier relationships and other intangibles 0,5   0,1  
          – On customer lists 4,6   4,8  
1,4   1,8     Fees paid for administrative, managerial and technical services 97,7   97,3  
          Operating lease charges 170,2   165,0  
          – On land and buildings 60,7   68,2  
          – On plant, equipment and vehicles 109,5   96,8  
          Loss on disposal of plant, equipment and vehicles 4,4   1,2  
          Research, development and related expenditure 23,6   21,7  
          IFRS 2 charges 29,2   105,4  
          – Cash settled (60,9)   44,4  
44,3   37,7     – Equity settled, including BEE-related IFRS 2 expenses 90,1   61,0  
          Staff costs 3 151,7   2 900,4  
          Employer’s contribution to retirement funding 228,1   201,3  
          Employer’s contribution to medical aid 95,7   91,7  
(20,4)   0,9     Foreign exchange (profit)/loss (84,0)   (21,7)  
          Foreign exchange loss on TBCG letters of credit 134,3   24,3  
        4.2 Directors’ emoluments        
          Executive directors        
          – Salaries and bonuses 18,2   17,6  
          – Retirement, medical and other benefits 8,9   29,3  
          Non-executive directors        
6,7   5,9     – Fees 6,7   5,9  
6,7   5,9     Total directors' emoluments 33,8   52,8  
          Less: Paid by subsidiaries (27,1)   (46,9)  
6,7   5,9     Emoluments paid by company 6,7   5,9  

Table of directors’ emoluments for the year ended 30 September 2015

GROUP
(R’000) Fees   Cash
salary		   Bonus Other
benefits		 Retirement
fund
contributions		 Gains
on
options
exercised		 Total
2015		  
Executive directors                    
O Ighodaro –   3 893   753 60 648 – 5 354  
PB Matlare –   4 753   967 323 832 6 099 12 974  
NP Doyle (13 Jul 2015 – 30 Sept 2015) – Note 1 –   949   1 843 18 159 – 2 969  
CFH Vaux –   3 639   1 447 43 737 – 5 866  
Total A –   13 234   5 010 444 2 376 6 099 27 163  
Non-executive directors                    
      EFs              
AC Parker (chairman) 1 557   91   – – – – 1 648  
MO Ajukwu (31 Mar 2015 – 30 Sept 2015) 194   54   – – – – 248  
SL Botha 530   54   – – – – 584  
MJ Bowman 335   –   – – – – 335  
RMW Dunne (1 Oct 2014 – 31 May 2015) 614   –   – – – – 614  
M Makanjee 431   54   – – – – 485  
KDK Mokhele 644   54   – – – – 698  
RD Nisbet 595   54   – – – – 649  
MP Nyama 433   –   – – – – 433  
BL Sibiya (deputy chairman) 805   54   – – – – 859  
YGH Suleman (13 Jul 2015 – 30 Sept 2015) 105   –   – – – – 105  
Total B 6 243   415   – – – – 6 658  
Total A + B 6 243   13 649   5 010 444 2 376 6 099 33 821  
Details of remuneration paid to prescribed officers of the company are set out hereunder:                    
NP Doyle (1 Oct 2014 – 12 Jul 2015) – Note 1 –   2 847   – 54 476 – 3 377  
NG Brimacombe – Note 2 –   3 490   – 198 717 – 4 405  
AG Kirk –   3 221   1 319 240 567 – 5 347  
Total –   9 558   1 319 492 1 760 – 13 129  
Aggregated details of remuneration paid to members (six) of the executive committee, excluding executive directors and prescribed officers above, are set out hereunder:                    
Total –   13 598   4 858 1 150 2 496 3 623 25 725  
Note 1 – NP Doyle was appointed as an executive director on 13 July 2015.
Note 2 – The value of R71 480 was paid to NG Brimacombe for 15 years for Long Service Awards in December 2014.
EFs – Fees paid to the chairman for his attendance at meetings of the board of directors of Empresas Carozzí (R36 200), an associate of Tiger Brands. Also includes fees paid to non-executive directors in respect of their attendance at special board meetings of the company.

Table of directors’ emoluments for the year ended 30 September 2014

GROUP
(R’000) Fees   Cash
salary		   Bonus Other
benefits		 Retirement
fund
contributions		 Gains
on
options
exercised		 Total
2014		  
Executive directors                    
O Ighodaro –   3 617   3 051 60 604 – 7 332  
PB Matlare –   4 564   – 316 801 3 491 9 172  
CFH Vaux –   3 417   2 965 40 693 23 365 30 480  
Total A –   11 598   6 016 416 2 098 26 856 46 984  
Non-executive directors                    
      EFs              
AC Parker (chairman) 1 465   85   – – – – 1 550  
SL Botha 494   17   – – – – 511  
MJ Bowman 315   17   – – – – 332  
RMW Dunne 825   17   – – – – 842  
M Makanjee 384   10   – – – – 394  
KDK Mokhele 536   17   – – – – 553  
RD Nisbet 460   17   – – – – 477  
MP Nyama 404   17   – – – – 421  
BL Sibiya (deputy chairman) 757   17   – – – – 774  
Total B 5 640   214   – – – – 5 854  
Total A + B 5 640   11 812   6 016 416 2 098 26 856 52 838  
Details of remuneration paid to prescribed officers of the company are set out hereunder:                    
NG Brimacombe –   3 276   2 901 120 674 4 535 11 506  
NP Doyle – Note 1 –   3 509   2 972 593 588 – 7 662  
AG Kirk – Note 2 –   2 894   1 355 278 536 – 5 063  
N Segoale (1 October 2013 to 28 February 2014) – Note 3 –   1 909   – 1 061 268 2 703 5 941  
Total –   11 588   7 228 2 052 2 066 7 238 30 172  
Aggregated details of remuneration paid to members (five) of the executive committee, excluding executive directors and prescribed officers above, are set out hereunder:                    
Total – Note 4 –   17 618   10 082 982 2 764 12 995 44 441  
Note 1 – A special once-off allowance of R521 070 was paid to NP Doyle in September 2014 in recognition of the additional responsibilities he had assumed in respect of the company’s Nigerian subsidiaries, namely Dangote Flour Mills and Deli Foods.
Note 2 – The bonus value of R1 354 510 excludes an amount of R1 354 510 which has been deferred for the purchase of restricted shares in terms of the rules of the Tiger Brands Limited 2013 Share Plan.
Note 3 – Other benefits include accommodation and flights home for personal visits as part of an expatriate package.
Note 4 – The bonus value of R10 082 179 excludes an amount of R486 255 in respect of one member of the executive committee, who has deferred a portion of his bonus for the purchase of restricted shares in terms of the rules of the Tiger Brands Limited 2013 Share
Plan.
EFs – Fees paid to the chairman for his attendance at meetings of the board of directors of Empresas Carozzí, an associate of Tiger Brands (R51 000). Also includes fees paid to non-executive directors in respect of their attendance at special board meetings of the company.

4.3 Directors’ service contracts

No directors have service contracts with notice periods of more than three months.