Annual Report & Accounts 2017/18

83 NI Water Annual Report and Accounts 2017/18 Governance Fees paid to members of the Executive Committee Year to 31 March 2018 Year to 31 March 2017 Current Executive Directors: Salary and allowances £000 Bonus £000 Benefits in kind (to nearest £100) Pension benefits 12 £000 Total £000 Salary and allowances (restated) £000 Bonus £000 Benefits in kind (to nearest £100) Pension benefits (restated) £000 Total (restated) £000 Sara Venning 150 – 155 - - 62 215 - 220 150 - 155 - - 62 210 - 215 Ronan Larkin 115 – 120 - - 46 160 - 165 115 - 120 - - 37 150 - 155 Sean McAleese 110 – 115 - - 25 135 - 140 110 - 115 - - 39 150 - 155 Paul Harper 110 - 115 - - 40 150 – 155 25 - 30 13 - - 10 14 35 - 40 Current member of the Executive Committee (not Executive Director): Mark Ellesmere 110 - 115 - - 52 160 - 165 110 - 115 - - 45 155 - 160 Alistair Jinks 95 – 100 15 - - 38 135 - 140 - - - - - Rose Kelly 25 - 30 16 - - 9 17 30 - 35 - - - - - Former members of the Executive Committee (not Executive Director): Bill Gowdy, OBE 0 - 5 18 - - - 120 - 125 19 95 - 100 - - 26 120-125 Martin McIlwaine - - - - - 70 - 75 20 - - 18 21 85 - 90 12 The value of pension benefits accrued during the year is calculated as (the real increase in pension multiplied by 20) plus (the real increase in any lump sum) less (the contributions made by the individual). The real increases include increases due to inflation and any increase or decrease due to a transfer of pension rights. 13 £105k - £110k on a full year equivalent basis. Paul Harper was appointed as Director of Asset Delivery on 1 January 2017. 14 The value of all pension related benefits are assessed over the period from 1 January 2017, the date on which he was appointed as a Director, to 31 March 2017. 15 Alistair Jinks was appointed to the Executive Committee on 1 April 2017. 16 £100k - £105k on a full year equivalent basis. Rose Kelly was appointed to the Executive Committee on 1 January 2018. 17 The value of all pension related benefits are assessed over the period from 1 January 2018, the date on which she was appointed to the Executive Committee, to 31 March 2018. 18 £95k - £100k on a full year equivalent basis. Bill Gowdy, OBE ceased to be a member of the Executive Committee on 7 April 2017. 19 The value of all pension related benefits are assessed over the period from 1 April 2017 to 7 April 2017, the date on which he ceased to be a member of the Executive Committee. 20 £85k - £90k on a full year equivalent basis. Martin McIlwaine ceased to be Interim Director of Asset Management on 14 January 2017. 21 The value of all pension related benefits are assessed over the period from 1 April 2016 to 14 January 2017, the date on which he ceased to be a member of the Executive Committee.