Annual Report 2019

179 Transport International Holdings Limited 2019 Annual Report Notes to the Financial Statements 8 Individuals with highest emoluments Of the five individuals with the highest emoluments, one (2018: one) is a Director whose emolument is disclosed in note 7. The aggregate of the emoluments in respect of the five individuals with the highest emoluments (including the Director) are as follows: 2019 2018 $’ 000 $’ 000 Fees 390 372 Salaries, allowances and benefits in kind 20,071 19,797 Discretionary bonuses 4,224 4,242 Equity-settled share-based payment expenses 338 1,177 Retirement scheme contributions 1,215 853 26,238 26,441 The emoluments of the five individuals with the highest emoluments are within the following bands: Number of individuals 2019 2018 $2,500,001 – $3,000,000 1 – $3,000,001 – $3,500,000 – 1 $3,500,001 – $4,000,000 1 – $4,000,001 – $4,500,000 – 1 $5,000,001 – $5,500,000 – 1 $5,500,001 – $6,000,000 2 1 $8,000,001 – $8,500,000 1 1 9 Other comprehensive income 2019 2018 $’ 000 $’ 000 Investments in debt securities: Change in fair value recognised during the year 38,078 (39,453) Amounts transferred to profit or loss on derecognition of investments in debt securities (note 4) 120 – Net movement in the fair value reserve (recycling) during the year recognised in other comprehensive income 38,198 (39,453)