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NOTE 37 — DIRECTOR AND EXECUTIVE DISCLOSURES CONTINUED

Other transactions with the Company or its controlled entities

AG Rydge and AJ Clark are directors of Carlton Investments Limited. Carlton Investments Limited rents office space from a controlled entity. Rent
is charged to Carlton Investments Limited at a market rate. Rent received during the year was $31,774 (2007: $31,079). The Company holds
shares in Carlton Investments Limited. Dividends received during the year from Carlton Investments Limited totalled $402,318 (2007: $430,508).

AG Rydge paid rent and levies to a controlled entity during the year amounting to $18,294 (2007: $14,298). A company associated with RM
Graham paid rent and levies to a controlled entity during the year amounting to $5,226 (2007: $4,112). Rent is charged to AG Rydge and RM
Graham at market rates.

Apart from the details disclosed in this note, no key management personnel has entered into a material contract with the Parent Entity or the

Group since the end of the previous year and there were no material contracts involving directors’ interests existing at reporting date.
From time to time, key management personnel of the Parent Entity or Group, or their related parties, may purchase goods or services from the
Group. These purchases are usually on the same terms and conditions as those granted to other Group employees. Where the purchases are
on terms and conditions more favourable than those granted to other Group employees, the resulting benefits form part of the total remuneration
outlined within the remuneration report.

NOTE 38 — RELATED PARTIES

Parent Entity

The Parent Entity within the Group is Amalgamated Holdings Limited.

Subsidiaries

Interest in subsidiaries are set out in Note 34.

PARENT ENTITY

2008
$’000
2007
$’000
The aggregate outstanding amounts at reporting date of loans between the Parent Entity and its wholly-owned
subsidiaries and the revenue and expense items brought to account by the Parent Entity in relation to these
loans during the year is as follows:
Loans to controlled entities (current) 10,831 5,995
Loans to controlled entities (non-current) 180,894 338,014
Loans from controlled entities (non-current) 14,153 213,115
Interest received or due and receivable 27,896 21,143
Interest paid or due and payable 18,495 12,020
Management and consulting fees paid or due and payable 9,631 9,031
Current tax payable assumed from wholly-owned tax consolidated entities 44,882 16,809
Tax losses assumed from wholly-owned tax-consolidated entities at no consideration — 6,023

Loans

Loans between entities in the Group are repayable at 13-months notice. Interest is charged monthly at commercial rates of interest, based on
the Parent Entity’s average cost of funds.

Management fees

The Parent Entity charges all operating and wholly-owned controlled entities a management fee equal to 3% (2007: 3%) of net operating revenue
for management services provided by directors and senior executives of the Parent Entity.

Associates

Interest received and paid on the loans to and from associates is shown in Notes 3 and 4.
Other transactions were:

• sale of management services at a cost of $647,000 (2007: $1,180,000);
• hire of films from Roadshow Distributors Pty Limited on normal commercial terms to a value of $1,582,000 (2007: $6,599,000);
• receipt of property rentals from associates of $271,000 (2007: $257,000); and
• share based payment costs of $76,000 (2007: $28,000) recharged to an associate.
Relationships with partnerships

Refer to Notes 11, 16, 31, 33 and 36.

Rent of premises

The Parent Entity occupies premises owned by a wholly owned controlled entity, The Greater Union Organisation Pty Limited. The Parent Entity
was not charged rent for these premises.

Key management personnel

Disclosures relating to directors and named executives are set out in Note 37.