Qantas 2008 Annual Report Download - page 131

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129 Qantas Annual Report 2008
Notes to the Financial Statements
for the year ended 30 June 2008
30. Related Parties continued
Equity holdings and transactions
The movement during the year in the number of Qantas shares held directly, indirectly or benefi cially, by KMP, including their related parties,
is as follows:
Key Management Personnel Interest in Shares
as at 30 June 2007
Awarded as
Remuneration1
Rights/Entitlements
Converted to Shares Other Change2
Interest in Shares
as at 30 June 2008
Leigh Clifford n/a – – 45,000 45,000
Margaret Jackson 147,338 – – – 147,3383
Geoff Dixon 1,742,821 1,258,000 421,729 – 3,422,550
Peter Gregg 905,529 486,000 81,967 – 1,473,496
Paul Anderson 25,000 – – – 25,0003
Mike Codd 13,408 – – – 13,408
Peter Cosgrove 2,124 – – 2,475 4,599
Patricia Cross 2,163 – – – 2,163
Richard Goodmanson n/a – – – –
Garry Hounsell 33,811 – – – 33,811
James Packer 53,101 – – – 53,1013
John Schubert 34,753 – – – 34,753
James Strong 41,056 – – – 41,056
Barbara Ward n/a – – 10,975 10,975
John Borghetti 517,746 486,000 57,967 189 1,061,902
Kevin Brown 423,000 369,000 32,000 (30,000) 794,000
David Cox 502,241 365,500 45,967 _ 913,708
Grant Fenn 405,500 369,000 36,000 – 810,500
Alan Joyce 541,383 423,500 28,000 – 992,883
See details of the PSP and RP on pages 126 and 127.
Other change includes shares acquired through salary sacrifi ce, purchased, sold or lapsed.
The number shown is at the date the Director ceased to be KMP.
Loans and other transactions with Key Management Personnel
Loans
No KMP or their related parties held any loans from the Qantas Group during or at the end of the year.
Other transactions with the Qantas Group
Related party disclosures
A number of KMP and their related parties have transactions with the Qantas Group. All transactions, including air travel, are conducted on normal
commercial arm’s length terms. The nature of transactions, other than air travel, is set out below:
Paul Meadows, a related party to Mrs Cross, is a Partner of Allens Arthur Robinson. Mr Meadows is also an advisor to UBS Investment Bank.
Mr Meadows performs no work for Qantas;
Toolangi Vineyards is a related entity to Mr Hounsell. Qantas purchases wine from Toolangi Vineyards for use on Qantas International Business
Class services; and
Consolidated Media Holdings Limited (formally Publishing and Broadcasting Limited) (CMH) and Crown Limited are related parties to Mr Packer,
who was a Non-Executive Director until 31 August 2007. The Qantas Group purchased directly or indirectly advertising services from CMH and
has various contra arrangements in place for advertising and sponsorship.
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