FINANCIAL
Financial report 2005/2006 (PDF) - Vision Australia
Financial report 2005/2006 (PDF) - Vision Australia
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NOTES TO THE <strong>FINANCIAL</strong> STATEMENTS<br />
FOR THE <strong>FINANCIAL</strong> YEAR ENDED 30 JUNE 2006<br />
Consolidated<br />
2006 2005<br />
Note 3:<br />
Key management personnel remuneration<br />
The aggregate compensation of the key management personnel of the consolidated<br />
entity is set out below:<br />
Short term employee benefits 1,419,344 1,997,881<br />
Post employment benefits - -<br />
Other long term employee benefits 49,542 55,796<br />
Termination benefits 255,242 1,816,096<br />
Share-based payment - -<br />
1,724,128 3,869,773<br />
Short-term employee benefits have decreased from $1,997,881 in 2004/2005 to<br />
$1,419,344 in 2005/2006. This is due to the rationalisation of key management personnel<br />
as a result of the merger in 2004/2005.<br />
Consolidated Company<br />
2006 2005 2006 2005<br />
Note 4:<br />
Remuneration of auditors<br />
Auditor of the parent company<br />
Audit or review of the financial report 164,650 137,000 135,800 123,300<br />
Other services – grant audits 56,700 33,000 56,700 33,000<br />
Other services – A-IFRS Consulting 20,000 - 20,000 -<br />
241,350 170,000 212,500 156,300<br />
Other auditors<br />
Internal audit 40,000 20,000 40,000 20,000<br />
40,000 20,000 40,000 20,000<br />
The auditor of Vision Australia is Deloitte Touche Tohmatsu.<br />
Vision Australia Financial Report 2005/2006 23
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