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ANNUAL REPORT 2010

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Skip Navigation LinksFinancial Report > Notes to the Consolidated Financial Statements > Note 26. Employee Benefits

note 26. employee benefits

CONSOLIDATED
2010
US$M
2009
US$M
Provision for annual leave and long service leave
aggregate employment benefit liabilities
3.02.2
Employee benefits expense
Wages and salaries25.518.5
Defined contribution superannuation2.61.9
Share-based payments11.310.9
Other employee benefits1.90.7
Total employee benefits expense41.332.0

Superannuation

The Company contributes to employees’ superannuation plans in accordance with the requirements of Occupational Superannuation Legislation. Contributions by the Company represent a defined percentage of each employee's salary. Employee contributions are voluntary.

Employee Share Incentive Option Plan

Details of the Employee Share Incentive Option Plan for the Company are disclosed in Note 28.