Notes to the Financial Statements

28. Directors’ Remuneration

	2022	2021
	€’000	€’000
Emoluments	396	425
Contributions to retirement benefit schemes
- Defined benefit	85	89

Retirement benefits are accruing to two Directors (2021: two Directors) under defined benefit schemes.

The Directors do not participate in any long term incentive schemes nor do they have any equity interests in the Company. There were no payments during the year (2021: NIL) in respect of compensation for loss of office or other termination payments.

Included in the above is the remuneration package of the Chief Executive made up as follows:

	2022	2021
	€’000	€’000
Director’s Fees	8	13
Salary	162	185
Other Benefits including Pension Costs and Taxable Benefits	61	161
	231	259

Directors’ Fees	2022	2021
	€	€
J Grant	21,600	22,902
E O’Reilly	8,440	12,600
M Brophy	9,476	12,600
H Collins	-	518
D Cronin	11,720	-
G Darling	6,852	12,600
B Grist	11,720	-
M Hand	12,600	12,600
K Nolan *	9,407	12,600
B Power *	2,727	-
J Kelly **	3,150	11,582
	97,692	98,002

*In Addition to the Directors’ fees, Mr. Nolan and Mr. Power were paid as employees of Dublin Port Company.

** Mr. Kelly was appointed by the Board in 2021 to act as Chairperson of the Audit and Risk Committee pending the filling of an existing Board vacancy.

Key management compensation

The compensation paid or payable to key management is shown below:

	2022	2021
	€’000	€’000
Salaries and other short term benefits	1,912	1,836
Post-employment benefits	344	319
Total key management compensation	2,256	2,155

The key management compensation amounts disclosed represents compensation to those people having the authority and responsibility for planning, directing and controlling the activities of the Company. The key management personnel include Board Members and members of the executive management team. The amounts stated above are inclusive of employer’s PRSI.