C on tingen t c onsider a tion T he f air v alue o f c on tingen t c onsider a tion is calcula t ed using the inc ome appr oach based on the e xpec t ed pa ymen t amoun ts and their as socia t ed pr obabilities W hen appr opri a t e it is disc oun t ed t o pr esen t v alue 7D A UDIT OR S REM UNERA TION In thous ands o f A UD C onsolida t ed 2019 2018 Audit servic es A udit or s o f the C ompan y KP M G Aus tr alia Audit and r e vie w o f c onsolida t ed and c ompan y fnancial r epor ts 6278 6159 Other r egula t ory servic es 105 730 Other KP M G member frms Audit and r e vie w o f fnancial r epor ts 12639 10733 Other audit ors Audit and r e vie w o f fnancial r epor ts 19022 17622 Other servic es A udit or s o f the C ompan y KP M G Aus tr alia Other as sur anc e and in v es tiga tion servic es 225 2633 T a xa tion servic es 2421 533 Other KP M G member frms Other as sur anc e and in v es tiga tion servic es 4448 1316 T a xa tion servic es 6455 4950 13549 9432 7E EVENT S SUBSE QUENT T O B AL ANCE D A TE Sinc e the in t erv al be tw een the end o f the fnancial y e ar and the da t e o f this r epor t ther e ha v e been the f ol lo wing Subsequen t Ev en ts On 17 April 2019 the Gr oup announc ed tha t it had suc c es s ful ly plac ed ne w long t erm USPP senior no t es t o t al ling 252 mil lion equiv alen t T he ne w USPP is suanc e is c omprised o f thr ee tr anches e ach o f 15 y e ars t enor denomina t ed A UD125 mil lion EUR40 mil lion and S T G 35 mil lion T he w eigh t ed a v er age c os t o f funds in r ela tion t o the ne w 15 y e ar fx ed r a t e USPP no t es is 33 per c en t T he mix o f curr encies sough t via the ne w is suanc e al lo ws the Gr oup s global cash fo ws and oper a ting as se t mix t o be appr o pria t ely balanc ed b y funding in similarly denomina t ed curr encies T he e xt ended deb t ma turit y pr o fle c omplemen ts the Gr oup s long t erm capit al managemen t s tr a t egy and suppor ts planned capit al in v es tmen t On 29 April 2019 the Gr oup announc ed the c omple tion o f the s ale o f its en vir onmen t al and analy tical t es ting busines s in China f or USD573 mil lion and ad jus t ed ne t cash t o SUEZ T he Gr oup s ne t as se ts which r ela t e t o this s tr a t egic div es tmen t ar e appr opria t ely clas sifed within A s se ts and Liabilities Held f or S ale in the Gr oup s B alanc e Shee t as a t 31 M ar ch 2019 A s a t B alanc e Da t e the fnancial gain r ela ting t o this tr ans ac tion has no t been r ec ognised in the Gr oup s Pr o ft and L os s S t a t emen t Other than those e v en ts separ a t ely described abo v e ther e ha v e been no o ther Subsequen t Ev en ts r equiring separ a t e disclosur e in the in t erv al be tw een the end o f the fnancial y e ar and the da t e o f this r epor t 2 Emplo ymen t ma tt ers T his sec tion pr o vides in f orma tion on it ems r ela ting t o shar e based pa ymen ts and k e y managemen t personnel 8a Shar e based pa ymen ts 8b K e y managemen t personnel disclosur es 8A SHARE B A SED P A Y MENT S T he Gr oup oper a t es a L ong T erm Inc en tiv e P lan L TIP designed as a r e t en tion and r e w ar d t ool f or high per f orm ing personnel Under the P lan k e y emplo y ees ma y be gr an t ed c onditional righ ts t o r ec eiv e or dinary shar es in the C ompan y a t no c os t t o the emplo y ees or in limit ed cases t o r ec eiv e cash se ttled a w ar ds T hese c onditional righ ts ha v e per f ormanc e hur d les which ar e as ses sed a t the end o f the per f ormanc e period Servic e based righ ts w er e also is sued during FY2019 t o some k e y managemen t personnel KMP t o r e t ain and r e w ar d as w el l as under the Shor t T erm Inc en tiv e S TI P lan in r espec t o f de f err ed c ompens a tion e arned f or S TI outper f ormanc e during FY2018 A fur ther tr anche o f ne w Servic e based righ ts in r ela tion in r espec t o f de f err ed c ompen s a tion e arned f or S TI outper f ormanc e during FY2019 wil l be gr an t ed t o c er t ain KMP during FY2020 An es tima t ed ac crual f or the f air v alue o f servic es r ec eiv ed in r e turn f or these ne w de f err ed S TI servic e righ ts y e t t o be gr an t ed has been made a t 31 M ar ch 2019 and included in the v alue o f shar e based a w ar ds f or KMP sho wn in T able 52 o f the R emuner a tion R epor t Al l o f the righ ts carry an e x er cise pric e o f nil T he t erms and c onditions o f righ ts in e xis t enc e during the y e ar ar e se t out belo w t oge ther with de t ails o f righ ts v es t ed lapsed and f or f eit ed E quit y se ttled per f ormanc e and servic e righ ts Al l equit y se ttled righ ts r e f er t o righ ts o v er or dinary shar es in the C ompan y and en title an e x ecutiv e t o or dinary shar es on the v es ting da t e subjec t t o the achie v emen t o f per f or manc e hur d les and or a servic e c ondition T he righ ts e xpir e on t ermina tion o f an e x ecutiv e s emplo ymen t prior t o the v es ting da t e and or upon the f ailur e o f achie v emen t o f per f ormanc e hur d les 79 ALS LIMITED AND IT S SUBSIDIARIES A NNU AL F INANCIAL R EPOR T F OR THE Y EAR E NDED 31 M AR CH 2019 F INANCIAL REPOR T F INANCIAL S T A TEMENT S N O TES T O THE FINANCIAL S T A TEMENT S Emplo ymen t ma tt ers