IOOF  | Annual Report 2012 iii. Key management personnel equity holdings Fully paid ordinary shares of IOOF Holdings Ltd The equity holdings for Non-Executive Directors have been disclosed in the Remuneration Report. Refer to the Remuneration Report  for further information. Ordinary shares Balance at  1 July Received on  exercise of  options Received on  vesting of  rights Net other  change Balance at  30 June  (1) No. No. No. No. No. Key Management Personnel of the Group S Abley 2012 16,244  - - - 16,244  2011 16,244  - - - 16,244  M Carter 2012 26,938  - - - 26,938  2011 26,938  134,048  - (134,048) 26,938  D Coulter 2012 238  - - - 238  2011 238  - - - 238  C Kelaher 2012 4,244,818  - - - 4,244,818  2011 4,244,818  - - - 4,244,818  S Merlicek 2012 - - - - - 2011 - - - - - R Mota 2012 36,776  - 30,496  - 67, 272 2011 19,794  - 14,657  2,325  36,776  G Riordan 2012 - - - - - 2011 - 53,619  - (53,619) - (d) Transactions with other related parties iv. Other transactions with key management personnel of the Group  (1) The equity holdings for the above individuals is inclusive of both direct and indirect shareholdings. There were no other transactions with key management personnel of the Group during the 2012 and 2011 financial years. Other related parties of the Group include associates listed in Note 15. Consolidated Parent 2012 2011 2012 2011 $’000 $’000 $’000 $’000 Receipt of service charge revenue from associates 2,222,000  2,302,000  - - Payment of management fees to associates 11,829,681  13,922,647  - - page 111