annual report - Harvey Norman Company Reports & Announcements

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
30. Key Management Personnel (continued)
(d) Shareholdings of Key Management Personnel (continued)
All equity transactions with key management personnel other than those arising from the exercise of remuneration options
have been entered into under terms and conditions no more favourable than those the consolidated entity would have
adopted if dealing at arm‟s length.
(e) Loans to Key Management Personnel
(i) Details of aggregates of loans to key management personnel are as follows :
106
Balance at
beginning of
period
$000
Interest
charged
$000
Interest not
charged
$000
Write-off Balance at
End of Period
$000
$000
Number in Group
2012
Directors 200 4 - - - 1
Executives - - - - - -
200
4
2011
Directors - 4 - - 200 1
Executives 110 9 - - 55 2
Terms and Conditions of Loans
110
13
No new loans were granted to key management personnel during the year ended 30 June 2012. The loan to a director of
the Company was repaid in full in August 2011.
During the year ended 30 June 2011, the consolidated entity advanced a loan to two (2) key management personnel and
has charged the individuals a commercial rate of interest.
(ii) Details of individuals with loans above $100,000 in the reporting period are as follows:
Balance at
beginning of
period
$000
Interest
charged
$000
-
-
Interest not
charged
$000
-
-
-
255
Write-off Balance at
End of Period
$000
$000
No.
1
3
Highest Owing in
Period
2012
Directors 200 4 - - - 201
Executives - - - - - -
2011
Directors - 4 - - 200 201
Executives - - - - - -
No.