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Remuneration of key management personnel
12 Months Ended
Dec. 31, 2018
Remuneration of key management personnel  
Remuneration of key management personnel

26.   Remuneration of key management personnel

The remuneration of the key management personnel, which comprises the Company’s management committee, during the years ended December 31 is as follows:

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

 

 

US$'000

 

US$'000

 

US$'000

Fixed remuneration

 

6,068

 

5,625

 

5,611

Variable remuneration

 

 —

 

3,710

 

4,007

Contributions to pension plans and insurance policies

 

379

 

215

 

285

Share-based compensation

 

1,777

 

1,738

 

 —

Termination benefits

 

2,284

 

 —

 

22,672

Other remuneration

 

23

 

17

 

177

Total

 

10,531

 

11,305

 

32,752

 

During the year ended December 31, 2016, severance benefits were accrued in the amount of $22,672 thousand, related to the resignation of the former Company’s Executive Chairman.

During 2018, 2017 and 2016, no loans and advances have been granted to key management personnel.