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Wool Stocktake : AWI Annual Report 2009-10
Notes to the financial statements The parent entity within the Group is Australian Wool Innovation Limited. The names of persons who were directors of the company at any time during the financial year are as follows: W B Merriman, R J Fletcher, B P van Rooyen, C R Olsson, G B S Falkiner, M L Sheil, D A A Webster, L S Modiano and K J Bell. All of these persons were also directors during the year ended 30 June 2009. Interests in subsidiaries are set out in note 31. Disclosures relating to directors and key management personnel remuneration are set out in note 26. (i) Loan transactions and balances There were no loan transactions or balances with directors and key management personnel or entities related to them during the year ended 30 June 2010. (ii) Other transactions and balances No director, or director-related entity entered into a contract or had any other transactions other than normal terms and conditions with Australian Wool Innovation Limited during the year ended 30 June 2010. Other transactions relating to subsidiaries: 2009 2009 $ $ Current receivables Loan to AWI LLC (US subsidiary) - 3,332,487 Provision for impairment of intercompany receivable - (3,332,487) Total - - 2009 2009 $ $ Non-current receivables The Woolmark Company Pty Ltd - 6,461,837 The following transactions occurred with related parties: 2009 2009 $ $ Sales of goods and services Sale of co-funded projects and testing services to key management personnel* of the entity or its parent - - 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 886,254 826,567 *For the period in which they held a key management personnel position. FINANCIAL REPORT
AWI Annual Report 2008-09
AWI Annual Report 2010-11