Notes to the Financial Statements (continued)  33. Related Party Transactions (continued)  (iii)  Perth City West Retail Complex  (iv)  Byron Bay Everglades Resort  By a contract for sale dated 31 October 2000, Gerald Harvey, as to a one half share as tenant in common, and a subsidiary  of Harvey Norman Holdings Limited, as to a one half share as tenant in common, purchased the Perth City West retail  complex for a purchase price of $26.6 million. In the financial report for the year ended 30 June 2003 this has been  accounted for as a joint venture entity as disclosed in Note 39(b). This transaction was executed under terms and  conditions no more favourable than those which it is reasonable to expect would have applied if the transaction was at  arm’s length. The property was purchased subject to a lease of part of the property in favour of a subsidiary of Harvey  Norman Holdings Limited (the "Lessee"). That lease had been granted by the previous owner of the property on arm's  length normal terms and conditions. Gerald Harvey is entitled to one half of the rental paid by the Lessee. The amount of  rental and outgoings paid by the Lessee to Gerald Harvey and the subsidiary of Harvey Norman Holdings Limited for the  year ended 30 June 2003 was $1.200 million and for the year ended 30 June 2002 was $1.212 million. By a contract for sale dated 15 May 2002, Gerald Harvey, as to a one half share as tenant in common, and a subsidiary of  Harvey Norman Holdings Limited, as to a one half share as tenant in common, purchased the Byron Bay Everglades Resort  for a purchase price of $7.1 million. In the financial report for the year ended 30 June 2003, this has been accounted for as  a joint venture entity as disclosed in Note 39 (b). This transaction was executed under terms and conditions no more  favourable than those which it is reasonable to expect would have applied if the transaction was at arms length.  CONSOLIDATED 2003  2002  $  $  (d) Transactions with other Related Parties  (i)  Income derived by other director-related entities:  Certain franchises are operated by entities owned or controlled by relatives of  directors under normal franchisee terms and conditions. Aggregated net income  derived by entities owned or controlled by relatives of directors is as disclosed.  513,000  706,000  (ii)  Advertising charges to controlled entities:  Yoogalu Pty Limited (a wholly owned subsidiary of Harvey Norman Holdings  Limited) charged Rebel Sports Limited advertising production charges for  advertising performed on its behalf. The charges were at normal commercial  terms and conditions and have been eliminated on consolidation.  221,000  40,000  Yoogalu Pty Limited (a wholly owned subsidiary of Harvey Norman Holdings  Limited) charged Pertama Merchandising Pte Ltd (a wholly owned subsidiary of  Pertama Holdings Limited) advertising production charges for advertising services  performed on its behalf. The charges were at normal commercial terms and  conditions and have been eliminated on consolidation.  70,000  20,000  Yoogalu Pty Limited (a wholly owned subsidiary of Harvey Norman Holdings  Limited) charged Harvey Norman Stores (NZ) Pty Limited advertising production  charges for advertising services performed on its behalf. The charges were at  normal commercial terms and conditions and have been eliminated on  consolidation. 60,000  -  HARVEY NORMAN HOLDINGS LIMITED AND ITS CONTROLLED ENTITIES – ANNUAL REPORT 2003 61 