LEGAL SERVICES COMMISSIONER ANNUAL REPORT 2012

19 Remuneration of executivesExecutive officersThe number of executive officers, other than ministers and accountable officers, and their total remuneration during thereporting period are shown in the first two columns in the table below in their relevant income bands. The base remunerationof executive officers is shown in the third and fourth columns. Base remuneration is exclusive of bonus payments, longserviceleave payments, redundancy payments and retirement benefits. The total annualised employee equivalent provides ameasure of full time equivalent executive officers over the reporting period.Several factors affected total remuneration payable to executives over the year. One employment contract was completedduring the year and another executive received a bonus payment during the year. Bonus payments depend on the terms ofindividual employment contracts.TOTAL REMUNERATIONBASE REMUNERATION2012 2011 2012 2011Income bandLess than $100,000 1 1 1 1$150,000 – $159,999 - - - -$160,000 – $169,999 - - - -$170,000 – $179,999 1 1 1 1$180,000 – $189,999 - - 1 1$190,000 – $199,999 1 1 - -Total number of executives 3 3 3 3Total annualised employee equivalent (AEE)* 2.2 2.2 2.2 2.2Total amount 472,022 420,205 419,135 407,096* Annualised employee equivalent is based on working 38 ordinary hours per week over the reporting period.Other personnel i.e. contractors with significant management responsibilitiesThere were no contractors charged with significant management responsibilities during the period 1 July 2011 to 30 June 2012.20 Related party transactionsAs per Note 1(f) the following related party transactions occurred between the Legal Services Board and theLegal Services Commissioner:2012 2011$ $Expenses recoverd from the Legal Services Board 11,947,785 11,059,557Expenses charged by the Legal Services Board (646,138) (592,330)Inter company loan with the Legal Services Board 2,585,114 85The LSC shares costs and services with the LSB. All transactions are at arms length. Shared costs are recharged on agreed rates.21 Remuneration of auditorsVictorian Auditor-General’s Office2012 2011$ $Audit of financial statements 13,570 13,500Total remuneration for audit and other assurance services 13,570 13,50022 Subsequent eventsThere were no subsequent events to report.Legal Services COMMISSIONER Annual Report 2012 77