59 AGL Energy Limited Annual Report 2012 (a) After testing the SPRs notionally granted on 26 February 2010 against the relevant performance hurdle, the SPRs are deposited into (or deducted from) the relevant share bank account for each  participant.  (b) Fair value of SPRs granted is determined using the Black-Scholes and Monte Carlo simulation methods.  (c) SPRs vest at no cost to the recipient providing the relevant performance hurdles are satisfied. Balance at  1 July 2010 SPRs deposited  (deducted) during  the year (a) SPRs  notionally  granted  during  the year Fair value per SPR at grant date (b) SPRs  vested  during  the year (c) SPRs  forfeited during  the year Balance at 30 June 2011 Michael Fraser TSR share bank account  –  83,418   –  Various (33,367)  –  50,051  EBIT/Funds Employed share bank account  –  30,273   –  Various (12,109)  –  18,164  Notional grant 20-Jun-11  –   –  137,175  $7.08  –   –  137,175  Notional grant 26-Feb-10 134,546  (134,546)  –  $12.09  –   –   –  Old LTIP grant 27-Oct-08 107,639   –   –  $10.30  –   –  107,639 Old LTIP grant 25-Feb-08 103,915   –  $7.66 (103,915)  –   –  346,100  (20,855) 137,175  (149,391)  –  313,029  Jeff Dimery TSR share bank account  –  12,625   –  Various (5,050) (7,575)  –  EBIT/Funds Employed share bank account  –  4,582   –  Various (1,833) (2,749)  –  Notional grant 26-Feb-10 20,364  (20,364)  –  $12.09  –   –   –  Old LTIP grant 27-Oct-08 18,056   –   –  $10.30  –  (18,056)  –  Old LTIP grant 11-Jan-08 12,188   –   –  $9.16 (12,188)  –   –  50,608  (3,157)  –  (19,071) (28,380)  –  Anthony Fowler TSR share bank account  –  1,776   –  Various (710)  –  1,066  EBIT/Funds Employed share bank account  –  644   –  Various (258)  –  386  Notional grant 20-Jun-11  –   –  16,461  $7.08  –   –  16,461  Notional grant 26-Feb-10 2,864  (2,864)  –  $12.09  –   –  –  Old LTIP grant 27-Oct-08 5,209   –   –  $10.30  –   –  5,209  Old LTIP grant 11-Jan-08 2,111   –   –  $9.16 (2,111)  –   –  10,184  (444) 16,461  (3,079)  –  23,122  Ken Hodgson TSR share bank account  –  9,307   –  Various (3,723)  –  5,584  EBIT/Funds Employed share bank account  –  3,377   –  Various (1,351)  –  2,026  Notional grant 20-Jun-11  –   –  24,075  $7.08  –   –  24,075  Notional grant 26-Feb-10 15,011  (15,011)  –  $12.09  –   –   –  15,011  (2,327) 24,075  (5,074)  –  31,685  Details of Share Performance Rights granted to Key Management Personnel as part of remuneration for the year ended  30 June 2011 