Port Waratah Coal Services Limited

Notes to the financial statementsfor the financial year ended 31 December 2011NOTE 21 RELATED PARTY DISCLOSURES(a) Other Directors Compensation DisclosuresThere is no scheme for the payment of bonuses, options, additional retirement benefits, loans or any other form of incentivepayment to Directors.(b) Other Transactions and Balances With DirectorsThere were no other transactions by the company with Directors during the period.(c) Transactions with other related partiesThe parent entity received services from Coal & Allied Operations Pty Limited for which Coal & Allied Operations Pty Limitedwas paid a fee of $1.4 million pursuant to an agreement between the parent entity and Coal & Allied approved by the Board ofDirectors of the parent entity. In addition, the parent entity reimbursed Coal & Allied $0.8 million in respect of the secondmentof employees to PWCS.Included in the balance of Trade and Other Receivables (Note 5) is $2.6 million receivable from Coal & Allied Operations PtyLimited in respect of coal handling services provided by the parent entity.Included in the balance of Trade and Other Payables (Note 11) is $0.5 million payable to Coal & Allied in respect of servicesprovided to the parent company.The parent entity paid $0.1 million to Rio Tinto Technology and Innovation's Project Development and Implementation Group (adivision of Technological Resources Pty Limited) for management support and service functions in the delivery of theTerminal 4 project.The parent entity paid insurance premiums to Rio Tinto Services Limited during the year, to the value of $1.4 million.(d) Ownership interestsOwnership interests are contained in Notes 25 and 26.(e) DirectorsThe Directors named in the attached Directors' Report each hold office as a Director of the parent entity as at the date of thisreport. In addition, the following persons held office as a Director at various times during the year.DirectorsResignedM K Allen 30 November 2011Alternate DirectorsT Maeno 4 May 2011M Iwami 29 June 2011H Asada 4 July 2011M D Heaton 30 November 2011A Hasumoto 20 February 2012NOTE 22 REMUNERATION OF AUDITORSCompanyRemuneration of Auditors 31-Dec-11 31-Dec-10$ $Amounts received or due and receivable by the auditors for:Auditing the financial report 74,000 72,500Other services - 85,51274,000 158,012The auditors received no benefits other than amounts shown.33