Notes to the Financial Statements 107 Performance rights Deferred rights The number of performance rights held during the financial year by each Director of Kingsgate and each of the specified executives of the Group, including  their personally-related entities, are set out as follows: The number of deferred rights held during the financial year by each Director of Kingsgate and each of the specified executives of the Group, including their  personally-related entities, are set out as follows: Balance at start of year Granted during the year Converted  during the year Other changes  during the year Balance at year end Vested and  exercisable at year end 2013  Directors Ross Smyth-Kirk – – – – – – Peter McAleer – – – – – – Craig Carracher – – – – – – Peter Alexander – – – – – – Gavin Thomas – 222,955 – – 222,955 – Other Key Management Personnel Duane Woodbury – 28,409 – – 28,409 – Tim Benfield – 28,409 – – 28,409 – Phil MacIntyre – – – – – – Ron James – 22,728 – – 22,728 – Ross Coyle – 22,159 – – 22,159 – Joel Forwood – 18,750 – – 18,750 – Brett Dunstone  – – – – – – Balance at start of year Granted during the year Converted  during the year Other changes  during the year Balance at year end Vested and  exercisable at year end 2013  Directors Ross Smyth-Kirk – – – – – – Peter McAleer – – – – – – Craig Carracher – – – – – – Peter Alexander – – – – – – Gavin Thomas – 106,082 – – 106,082 52,181 Other Key Management Personnel Duane Woodbury – 41,238 – – 41,238 13,298 Tim Benfield – 14,204 – – 14,204 – Phil MacIntyre – – – – – – Ron James – 32,991 – – 32,991 10,638 Ross Coyle – 32,166 – – 32,166 10,372 Joel Forwood – 18,441 – – 18,441 – Brett Dunstone  – – – – – – Notes t o the Financial Statements continued