AASB 124 - Related Party Disclosures - December 2005
Equity Holdings and TransactionsEquity Holdings and Transactions
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Equity Holdings and Transactions
Aus25.7.4 In respect of equity instruments (other than options and rights) held directly, indirectly or beneficially by each key management person, including their related parties (as referred to in (e) and (f) of the related party definition), disclosure shall be made of the number:
(a) held at the start of the reporting period;
(b) granted during the reporting period as compensation;
(c) received during the reporting period on exercise of options or rights;
(d) resulting from any other change during the reporting period;
(e) held at the end of the reporting period; and
(f) if any such are included in the number disclosed under subparagraph (e) above, held nominally at the end of the reporting period.
Aus25.7.5 If transactions involving equity instruments, other than share-based payment compensation, have occurred between a key management person, including their related parties (as referred to in (e) and (f) of the related party definition) and the issuing entity during the reporting period, the nature of each different type of transaction shall be disclosed where the terms or conditions were more favourable than those which it is reasonable to expect the entity would have adopted if dealing at arm’s length with an unrelated person. For each such transaction, the details of the terms and conditions shall be disclosed.