Annual Report 2020

2020 Annual Report Transport International Holdings Limited 193 Notes to the Financial Statements (Expressed in Hong Kong dollars unless otherwise indicated) 8 Individuals with highest emoluments Of the five individuals with the highest emoluments, one (2019: 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: 2020 2019 $’ 000 $’ 000 Fees 390 390 Salaries, allowances and benefits in kind 16,157 20,071 Discretionary bonuses 1,821 4,224 Equity-settled share-based payment expenses 97 338 Retirement scheme contributions 899 1,215 19,364 26,238 The emoluments of the five individuals with the highest emoluments are within the following bands: Number of individuals 2020 2019 $2,000,001 – $2,500,000 1 – $2,500,001 – $3,000,000 1 1 $3,000,001 – $3,500,000 2 – $3,500,001 – $4,000,000 – 1 $5,500,001 – $6,000,000 – 2 $7,500,001 – $8,000,000 1 – $8,000,001 – $8,500,000 – 1 9 Other comprehensive income 2020 2019 $’ 000 $’ 000 Investments in debt securities: Change in fair value recognised during the year 9,196 38,078 Amounts transferred to profit or loss on derecognition of investments in debt securities (note 4) 213 120 Net movement in the fair value reserve (recycling) during the year recognised in other comprehensive income 9,409 38,198