Note 16: Related party transactions
The Office is a wholly owned entity of the Crown.
Related party disclosures have not been made for transactions with related parties that are within a normal supplier or client relationship on terms and conditions no more or less favourable than those that it is reasonable to expect that the Office would have adopted in dealing with the party at arm's length in the same circumstances.
Key management personnel compensation
| Actual 2014/15 $000 | Actual 2013/14 $000 | |
|---|---|---|
| Salaries and other short-term employee benefits | 3,494 | 3,471 |
| Post-employment benefits | - | - |
| Other long-term benefits | - | - |
| Termination benefits | - | - |
| Total key management personnel remuneration | 3,494 | 3,471 |
| Total full-time equivalent key management personnel | 11.7 | 12.0 |
Key management personnel include the Auditor-General, the Deputy Auditor-General, and the ten members of the OAG and Audit New Zealand Leadership Teams.