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Wool Stocktake : AWI Annual Report 2012-13
The parent entity of the Group is Australian Wool Innovation Limited. The names of persons who were directors of the company at any time are as follows: W B Merriman, R J Fletcher, G B S Falkiner, C Garnsey, M L Sheil, B P van Rooyen, and D A A Webster. Interests in subsidiaries are set out in note 26. Disclosures relating to directors and key management personnel remuneration are set out in note 22. (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 2013. (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 2013. The following transactions occurred with related parties: 2012$ Sales of goods and services Sales of services relating to marketing and wool testing activities to key management personnel of the entity* 16,187 Purchases of goods and services Purchases of goods and services relating to marketing and wool testing activities from key management personnel of the entity* 186,193 *For the period in which they held a key management personnel position. The following balances are outstanding at the end of the reporting period in relation to transactions with related parties: 2012$ Current receivables (sales of goods and services) Key management personnel of the entity 4,568 Current payables (purchases of goods) Key management personnel of the entity 1,409 FINANCIAL REPORT
AWI Annual Report 2013-14
AWI Annual Report 2011-12