3. Expenditure (continued)
Remuneration of highest-paid director as a multiple of median remuneration:
2022 2021
£ £
Mid-point of band of highest-paid director's total remuneration 175,000 175,000
Median total remuneration 44,097 42,576
Remuneration ratio 1:4 1:4
2022 2021
£000 £000
236 226
2 -
238 226
2022 2021
£000 £000
Dividends 56 30
Fixed interest securities 220 122
Interest receivable - cash deposits 30 56
306 208
Council members' pay and expenses:
Total pay of council members
Total expenses paid to council members
4. Investment income
Investment income relates to interest and dividends from the investment portfolio. Investment totalling £15m was made into a managed portfolio during 2020/21.
General Pharmaceutical Council Annual report: annual fitness to practise report and annual accounts 2021/22