12. Contingencies Contingent liabilities Make-good obligations In the original lease of the Auckland office, if the Commission did not exercise the option to renew the lease of its Auckland Office space, then, upon expiry of the lease, it would have had to cover the make-good of the premises. The make-good obligations require that all chattels and leasehold improvements are removed and the premises reinstated. The Commission did exercise the option to renew in the 2023 financial year. As the Commission exercised its right of renewal there will be no make good costs on expiry of the lease. (2022: same). Contingent assets The Commission has no contingent assets (2022: nil). 13. Related party transactions and key management personnel The Commission is a wholly owned entity of the Crown. Related party disclosures have not been made for transactions with related parties that are within a normal supplier or client/recipient relationship on terms and conditions no more or less favourable than those it is reasonable to expect the Commission would have adopted in dealing with a party at arm’s length in the same circumstances. Further, transactions with other government agencies (for example, government departments and Crown entities) are not disclosed as related party transactions when they are consistent with the normal operating arrangements between government agencies and undertaken on the normal terms and conditions for such transactions. Key management personnel compensation 2023 $000 2022 $000 $1,319 $1,359 4.2 5.0 $2,040 $1,983 9.6 10.0 $3,359 $3,342 13.8 15.0 Commissioners and Director of Human Rights Proceedings Total remuneration Full-time equivalent members Senior Management Team Total remuneration Full-time equivalent members Total key management personnel compensation Total full-time equivalent personnel Full-time equivalent values have been pro-rated for positions that were not part of the senior management team for the full year. 71