McConnell Dowell 2020 Annual Review

99 Annual Review 2020 All figures are in A$ 000’s Note 2020 2019 25. Parent entity information Information relating to McConnell Dowell Corporation Limited Current assets 54,912 19,060 Total assets 327,671 339,679 Current liabilities 8,909 14,697 Total liabilities 73,633 79,228 Net assets 254,038 260,451 Issued capital 267,765 267,765 Retained earnings (13,727) (7,314) Total shareholders' equity 254,038 260,451 Loss after tax (6,413) (5,676) Total comprehensive expense (6,413) (5,676) Fixed term remunerations 5,930 6,522 Short term incentives (STI) 577 315 Long term incentives (LTI) 26(a) - 400 Total compensation 6,507 7,237 McConnell Dowell Corporation Limited guarantees all bank and bonding facilities issued across the Group (see Note 19 for details). McConnell Dowell Corporation Limited is party to a deed of cross guarantee (see Note 24 for details). 26(a) Included within the LTI are longer term and deferred incentives paid to Directors and key management personnel including share appreciation rights awarded by the ultimate parent of the Group (Aveng Ltd). 26. Directors and executive remuneration Income paid or payable, or otherwise made available to key management personnel by entities in the consolidated Group in connection with the management of affairs of the parent or its controlled entities. Key management personnel are those persons with authority and responsibility for the planning, directing and controlling of the activities of the Group and its controlled entities, directly or indirectly, including any director (whether executive or otherwise).