Directors’ Report
58
www.kingsgate.com.au
Details of remuneration continued
Year Ended 30 June 2012 Short-term benefits
Post- 
employment 
benefits
Share-based 
payment
Name
Cash salary  
and fees
$
Cash bonus
$
Non-monetary 
benefits3
$
Super-
annuation
$
Amortised value 
of rights 
(Accounting 
Expense)
$
Total
$
Non-Executive Directors
Ross Smyth-Kirk 160,000 – 2,041 14,400 – 176,441
Peter McAleer 1 100,000 – – – – 100,000
Craig Carracher 100,000 – – 9,000 – 109,000
Peter Alexander 100,000 – – 9,000 – 109,000
Sub-total Non-Executive Directors Compensation 460,000 – 2,041 32,400 – 494,441
Executive Director
Gavin Thomas 1,030,000 4240,000 56,768 50,000 – 1,376,768
Other Key Management Personnel
Duane Woodbury 484,220 – 4,695 16,967 – 505,882
Tim Benfield2 201,758 – – 6,575 – 208,333
Phil MacIntyre 831,979 44,522 9,881 – – 886,382
Ron James 400,000 – – – – 400,000
Ross Coyle 332,500 – 36,200 50,000 – 418,700
Joel Forwood 290,220 15,000 16,387 39,780 – 361,387
Sub-total Executive Director and other Key 
Management Personnel Compensation 3,570,677 299,522 123,931 163,322 – 4,157,452
TOTAL 4,030,677 299,522 125,972 195,722 – 4,651,893
1	 Consulting	fees	of	$100,000	were	paid	or	payable	to	Norwest	Mining	Consultants	Ltd,	of	which	Peter	McAleer	is	an	officer	and	director.
2  Commenced employment February 2012. 
3	 	Non-monetary	benefits	relate	to	car	parking,	travel,	life	insurance	and	relocation	allowance	provided	by	the	Company.	Relocation	and	accommodation	allowance	is	 
applicable to interstate recruitment of relevant personnel.
4	 Paid	in	2012	but	refers	to	the	results	of	the	2011	financial	year.