Notes to the Company annual financial statements

2.	Administration expenses
	Administration expenses are stated after taking into account the following expenses:

2.1	Directors’ remuneration
	Directors’ remuneration paid by Pick n Pay Stores Limited and Pick n Pay Holdings Limited is detailed below. Refer to here and here of the remuneration report for details of the directors’ remuneration and directors’ interest in shares.

	Pick n Pay Stores LiMiteD*			Pick n Pay HOLDINGS LiMiteD**
	Fees for board meetings R’000	Fees for committee and other work R’000	Cash total R’000	Fees for board meetings R’000	Cash total R’000
2013
Non-executive directors	2 149.7	1 418.0	3 567.7	171.0	171.0
2012
Non-executive directors	4 900.2	1 064.3	5 964.5	159.0	159.0

*	Executive directors’ salaries are paid by a subsidiary company.

**	Directors of Pick n Pay Stores Limited who are also directors of Pick n Pay Holdings Limited do not receive directors’ remuneration for services rendered as a director of this Company.