Note 32  Key Management Personnel disclosure  continued  Loans to Key Management Personnel and their related parties  Details of loans provided by the Consolidated Entity to Key Management Personnel and their related parties are disclosed in the  following tables:  Loans and other financial instrument transactions are made by the Consolidated Entity in the ordinary course of business with  related parties.  (1) Number of persons included in the aggregate at 31 March 2014: 3 (2013: 3).  Key Management Personnel including their related parties with loans above $100,000 at any time during the  financial year ended 31 March 2014 are as follows  (3) Mr Maher ceased to be a member of the Executive Committee on 3 May 2013. The balance at 31 March 2014 represents his holdings  at that date.  (2) Or date of resignation/retirement if earlier.  Name and position  Balance at 1 April 2013  $’000  Interest charged (1) $’000  Write-downs  $’000  Balance at 31 March 2014 (2) $’000  Highest  balance during financial year $’000  Executive Directors  N.W. Moore 5,274  –  –  –  5,274  Executives  N. Sorbara 82  4  –  250  250  Former Executives P.J. Maher (3) 350  2  –  350  350  Opening balance at 1 April  $’000  Interest  charged  $’000  Write-downs  $’000  Closing  balance at 31 March  $’000  Total for Key Management Personnel  and their related parties  2014  2013  5,706  5,714  6  375  –  600  5,706  Total for Key Management Personnel (1) 2014  2013  5,706  5,714  6  375  –  600  5,706  (1) All loans provided by the Consolidated Entity to Directors and Executives are made in the ordinary course of business on an arm’s  length basis and are entered into under normal terms and conditions consistent with other customers and employees. There have been  no write-downs or allowances for doubtful debts.  161 