Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact firstname.lastname@example.org.
SOURCE Newcrest Mining Limited
MELBOURNE, Victoria, Sept. 9, 2013 /CNW/ - Newcrest has today released
its full Financial Report for the year ended 30 June 2013. The Report
is available on our website at www.newcrest.com.au and at www.sedar.com.
The Financial Report includes the Remuneration Report for the 2013
financial year. Reflective of Newcrest's financial performance during
the 2013 financial year, remuneration outcomes were considerably lower
than in previous years. As detailed in the Remuneration Report, key
A zero Short Term Incentive (STI) award for the Managing Director and
Chief Executive Officer.
STI awards of 8% or less (of the potential maximum award) for the
Finance Director and other Executive Managers.
No increase in salary for the Managing Director and Chief Executive
Officer, Finance Director and other Executive Managers when the Company
conducts its annual pay review in October 2013.
Long Term Incentive (LTI) grants, which are calculated over three
consecutive years, are also impacted by the Company's performance. The
2009 LTI partially vested in November 2012, at 78%. The 2010 LTI, due
to vest in November 2013, is expected to vest at a substantially lower
value reflecting both a lower vesting percentage and the share price
Newcrest's 2013 Annual Report will be issued later this month.
Click Here to link to the FCC's public inspection file for WLNS-TV and Here to view the WLAJ-TV file. Persons with Disabilities who need assistance with issues relating to the content of this station's FCC public inspection file should contact: Teresa Morton- Program Director for WLNS and WLAJ at 517-372-8282. Questions or concerns relating to the accessibility of the FCC's public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.