Page 216 - Annual Report 2020
P. 216
Employee matters
23 Key management personnel
Key management personnel compensation comprises:
2020 2019 2018
US$ US$ US$
Short-term employee benefits 12,564,637 11,557,506 13,190,838
Post-employment benefits 1,172,727 1,490,716 1,506,108
Share-based payments 13,514,588 15,821,972 13,356,657
Total 27,251,952 28,870,194 28,053,603
Key Management Personnel (KMP) includes the roles which have the authority and responsibility for planning, directing and controlling the
activities of BHP. These are Non-executive Directors, the CEO, the Chief Financial Officer, the President Minerals Australia, the President
Minerals Americas, and the President Petroleum.
Transactions and outstanding loans/amounts with key management personnel
There were no purchases by key management personnel from the Group during FY2020 (2019: US$ nil; 2018: US$ nil).
There were no amounts payable by key management personnel at 30 June 2020 (2019: US$ nil; 2018: US$ nil).
There were no loans receivable from or payable to key management personnel at 30 June 2020 (2019: US$ nil; 2018: US$ nil).
Transactions with personally related entities
A number of Directors of the Group hold or have held positions in other companies (personally related entities) where it is considered they
control or significantly influence the financial or operating policies of those entities. There were no reportable transactions with those entities
and no amounts were owed by the Group to personally related entities at 30 June 2020 (2019: US$ nil; 2018: US$ nil).
For more information on remuneration and transactions with key management personnel, refer to section 3.
214 BHP Annual Report 2020