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Wool Stocktake : AWI Annual Report 2008-09
NOTE 30: Related party transactions (continued) Other transactions relating to subsidiaries: 2008 2008 $ $ Current receivables Loan to AWI LLC (US subsidiary) - 1,960,450 Provision for impairment of intercompany receivable - (1,890,312) - 70,138 2008 2008 $ $ Non-current receivables The Woolmark Company Pty Ltd - 1,651,623 The following transactions occurred with related parties: 2008 2008 $ $ Sales of services Sale of co-funded projects and testing services to key management personnel* of the entity or its parent 38,767 30,000 Purchases of services Purchases of project services relating to animal health and welfare, sheep genetics and wool testing from key management personnel* of the entity or its parent 1,564,421 1,502,905 *For the period in which they held a key management personnel position. The following balances are outstanding at the reporting date in relation to transactions with related parties: 2008 2008 $ $ Current payables (purchases of services) Key management personnel of the entity or its parent 193,377 190,401
AWI Annual Report 2007-08
AWI Annual Report 2009-10