Telstra 2015 Annual Report Download - page 170

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Notes to the Financial Statements (continued)
NOTE 28. KEY MANAGEMENT PERSONNEL COMPENSATION
168 Telstra Corporation Limited and controlled entities
In accordance with AASB 124: “Related Party Disclosures”, key
management personnel (KMP) have authority and responsibility
for planning, directing and controlling the activities of the Telstra
Group. Hence, KMP are deemed to include the following:
• the non-executive Directors of the Telstra Entity
• certain executives in the Chief Executive Officer’s (CEO’s) senior
leadership team, including the CEO.
28.1 KMP aggregate compensation
During financial years 2015 and 2014, the aggregate
compensation provided to our KMP was as follows:
Refer to the Remuneration Report, which forms part of the
Directors’ Report for further details regarding KMP’s
remuneration.
28.2 Other transactions with our KMP and their related
parties
During financial year 2015, apart from transactions trivial and
domestic in nature and on normal commercial terms and
conditions, there were no other transactions with our KMP and
their related parties.
Telstra Group
As at 30 June
2015 2014
$$
Short term employee benefits 23,259,768 20,991,753
Post employment benefits 323,452 322,011
Other long term benefits 247,469 4,845,292
Termination benefits -1,020,456
Share-based payments 9,789,030 9,161,751
33,619,719 36,341,263