ATS Annual Report 2013

Page 23

21

2013 Parent ($000)

2012 Parent ($000)

5. Related Party Transactions Pro-Active NZ Limited During the period there have been material transactions between Ashburton Trading Society Limited and its subsidiary, Pro-Active NZ Limited, as follows: Goods Purchased from Pro-Active NZ Ltd Management Fee Received Amounts Payable Amounts Receivable

2,213 40 14 4

2,458 40 8 4

ATS Fuel Limited During the period there have been material transactions between Ashburton Trading Society Limited and its subsidiary, ATS Fuel Limited, as follows: Amounts Receivable Sales to Society Members

763

Watermetrics NZ Limited During the period there have been material transactions between Ashburton Trading Society Limited and its associate, Watermetrics NZ Limited, as follows: Goods Purchased from Watermetrics NZ Limited Director Fees Amounts Receivable Amounts Payable Cash Advance

- 873

825 14 - 112 41

1,263 3 226 41

Coulter Seeds Limited During the period there have been material transactions between Ashburton Trading Society Limited and its associate, Coulter Seeds Limited, as follows: Sales to Society Members Cash Advance Director Fees Amounts Receivable Amounts Payable

299 316 - 1 -

170 316 16

Ruralco NZ Limited During the period there have been material transactions between Ashburton Trading Society Limited and its associate, Ruralco NZ Limited, as follows: Cash Advance Deferred Consideration Receivable

500 8,437

Key Personnel & Directors Short-term remuneration to key management personnel and directors during the period totalled $1,092,651 (2012 $959,327). All directors and staff of the Society hold ATS trading accounts and transact with ATS on the same basis as other members.

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