Wellcom_FY11-Financial-Report

A director mr ca anzarut is a partner in the firm of

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Unformatted text preview: t & Holm have provided legal services to Wellcom Group Limited for several years on normal and commercial terms and conditions. The Company leases a building owned by a superannuation fund the assets of which the Chairman and Chief Executive Officer, Mr Wayne Sidwell, is a beneficiary. The rental agreement is based upon normal commercial terms and conditions and rents have been determined by independent valuation. 70 Wellcom Group Limited Notes to the Consolidated Financial Statements 28. Related party disclosures For personal use only a) Equity interest in related parties Equity interests in subsidiaries: Interests in subsidiaries are set out in note 29. Equity interests in other related parties The Company does not hold share capital of any other entity other than those outlined above. b) Key management personnel remuneration Disclosures relating to key management personnel are set out in note 27. c) Transactions with other related parties The following transactions occurred with other...
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