Righ ts ha v e had their v alue es tima t ed using the v olume w eigh t ed a v er age pric e VW AP o f ALS shar es o v er the fv e tr ading da ys which f ol lo w ed 31 M ar ch 2018 731 A s a t 31 M ar ch 2019 ther e w er e 139772 servic es righ ts on is sue Servic e based righ ts wil l be is sued during FY2020 t o some k e y managemen t personnel KMP under the Shor t T erm Inc en tiv e 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 FY2019 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 de f err ed S TI servic e righ ts 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 A s these servic e righ ts ar e y e t t o be is sued their v alue has been es tima t ed using the v olume w eigh t ed a v er age pric e VW AP o f ALS shar es o v er the fv e tr ading da ys which f ol lo w ed 31 M ar ch 2019 792 Expenses r ec ognised in r ela tion t o shar e based pa ymen ts during the y e ar w er e In thous ands o f A UD C onsolida t ed N ot e 2019 2018 E quit y se ttled righ ts 1d 3602 2220 C ash se ttled righ ts 229 537 T o t al e xpenses r ec ognised as emplo y ee c os ts 3831 2757 C arrying amoun t o f liabilities f or cash se ttled righ ts 349 217 8B KEY MANA GEMENT PER SONNEL DISCL OSURES T he f ol lo wing w er e k e y managemen t personnel o f the Gr oup a t an y time during the r epor ting period and unles s o therwise indica t ed w er e k e y managemen t personnel f or the en tir e period Non e x ecutiv e dir ec t ors Bruc e P hil lips Chairman Mel Bridges Gr an t M ur doch John M ulcah y Charlie S ar t ain T onianne Dwy er Sidd har tha Kadia Ex ecutiv e Dir ec t ors Ra j Nar an Ex ecutiv es Bruc e McDonald GM Geochemis try Andr e as Jons son GM Lif e Scienc es EMEA Tim Kilmis t er GM Lif e Scienc es AP A C Kris t en W alsh GM Indus trial L uis Damesc eno Chie f Financial Of fc er appoin t ed 17 Sep t ember F ormer Ex ecutiv es Da vid Princ e GM Lif e Scienc es Americas un til 27 Dec ember 2018 Richar d S t ephens Chie f Financial Of fc er un til 30 No v ember 2018 Gr eg Kilmis t er M anaging Dir ec t or and Chie f Ex ecutiv e Of fc er CE O R e tir ed 20 July 2017 Brian Wil liams Gr oup Gener al M anager C ommodities un til 3 July 2017 T he k e y managemen t personnel c ompens a tion included in emplo y ee e xpenses ar e as f ol lo ws In A UD C onsolida t ed 2019 2018 Shor t t erm emplo y ee bene fts 7772348 8101594 P os t emplo ymen t bene fts 195430 243433 V alue o f shar e based a w ar ds 1369732 1024163 T ermina tion bene fts 433420 2129124 Other long t erm bene fts 9213 7189 9780143 11505503 R ela t ed par t y tr ans ac tion T her e ar e no o ther r ela t ed par t y tr ans ac tions with K e y M anagemen t P ersonnel during the period 82 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