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Annual Report 2008-2009 - Emirates.com

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34. Related party transactions<br />

The following transactions were carried out with related parties:<br />

Trading transactions:<br />

(i) Sale of goods and services<br />

Sale of goods - Associated <strong>com</strong>panies<br />

Sale of goods - Joint ventures<br />

Sale of goods - Companies under <strong>com</strong>mon control<br />

Services rendered - Associated <strong>com</strong>panies<br />

Services rendered - Joint ventures<br />

Services rendered - Companies under <strong>com</strong>mon control<br />

(ii) Purchase of goods and services<br />

Purchase of goods - Associated <strong>com</strong>panies<br />

Purchase of goods - Companies under <strong>com</strong>mon control<br />

Services received - Associated <strong>com</strong>panies<br />

Services received - Joint ventures<br />

Services received - Companies under <strong>com</strong>mon control<br />

Other transactions:<br />

(i) Finance in<strong>com</strong>e<br />

Joint ventures<br />

Companies under <strong>com</strong>mon control<br />

Parent <strong>com</strong>pany<br />

(ii) Sale of assets<br />

Joint ventures<br />

Companies under <strong>com</strong>mon control<br />

(iii) Sale of purchase rights in assets<br />

Companies under <strong>com</strong>mon control<br />

(iv) Compensation to key management personnel<br />

Salaries and short term employee benefits<br />

Post-employment benefits<br />

Termination benefits<br />

(v) Transfer of financial instruments<br />

Parent <strong>com</strong>pany<br />

(vi) Provision of letters of credit<br />

Parent <strong>com</strong>pany<br />

Year end balances<br />

(i) Receivables - sale of goods and services (Note 17)<br />

Associated <strong>com</strong>panies<br />

Joint ventures<br />

Companies under <strong>com</strong>mon control<br />

105<br />

<strong>2009</strong> <strong>2008</strong><br />

AED'000 AED'000<br />

56,785<br />

774<br />

5,238<br />

28,715<br />

13,521<br />

39,785<br />

144,818<br />

211,967<br />

2,423,134<br />

-<br />

19,109<br />

1,368,395<br />

4,022,605<br />

5,828<br />

27,356<br />

11,914<br />

45,098<br />

24,259<br />

-<br />

24,259<br />

-<br />

110,172<br />

15,107<br />

410<br />

125,689<br />

53,784<br />

5,887,819<br />

23,464<br />

6,688<br />

19,347<br />

49,499<br />

9,163<br />

-<br />

4,939<br />

113,952<br />

9,080<br />

34,094<br />

171,228<br />

94,512<br />

1,619,277<br />

8,566<br />

20,158<br />

949,565<br />

2,692,078<br />

5,696<br />

17,871<br />

-<br />

23,567<br />

-<br />

1,928,325<br />

1,928,325<br />

720,413<br />

180,114<br />

16,277<br />

-<br />

196,391<br />

-<br />

-<br />

15,308<br />

235<br />

111,891<br />

127,434

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