Page 41 - AHEIA Annual Report

2016 2015
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NOTE 11 CONTINGENT LIABILITIES, ASSETS AND COMMITMENTS
Note 11A: Commitments
Operating lease commitments—as lessee
Operating leases are in place for the following:
΅ Rental of premises at Level 6, 303 Collins Street, Melbourne
΅ Rental of Lanier Photocopier
Future minimum rentals payable under non-cancellable operating leases as at 31 December are as follows:
Within one year
After one year but not more than ve years More than ve years
Note 11B: Contingencies
The Association had no contingent assets or liabilities as at 31 December 2016 (2015: nil).
NOTE 12 RELATED PARTY DISCLOSURES
Note 12A: Related Party Transactions for the Reporting Period
106,047 315,338 - 421,385
105,913 413,161 8,224 527,298
There were no related party transactions, loans to/from related parties, and trade receivables from or trade payables to related parties during the current and previous nancial year.
Note 12B: Key Management Personnel Remuneration for the Reporting Period
The aggregate compensation made to o cers and other members of key management personnel of the Association is set out below:
Short-term employee bene ts Post-employment bene ts
Other long term employee bene ts Termination bene ts
NOTE 13 REMUNERATION OF AUDITORS
Value of the services provided
Financial statement audit services
Other Services
Total remuneration of auditors
225,596 - - - 225,596
14,000 1,900 15,900
252,232 - - - 252,232
11,800 1,980 13,780
AHEIA Annual Report 2016 41