Explain, with reasons, whether or not each of the following is a disclosable related party transaction of Alpha Ltd under NZ IAS 24:

• Alpha Limited stores inventory in a warehouse that is leased from the wife of its directors. The lease rentals are at arm’s length.

• A performance-related amount paid to the directors of Alpha Ltd.

• Alpha Ltd sells 70% of its output to a company owned by a director and the balance (30%) to Beta Ltd, which is its associate by virtue of Alpha Ltd owning 35% of the share capital.

• There was the sale/purchase of goods by a subsidiary to/from Alpha Ltd as the parent entity.

• Dividend payments to employees who are holders of Alpha Ltd’s shares.