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Annual Report 2008-2009 - Emirates.com

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23. Related party transactions<br />

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

Trading transactions<br />

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

Sale<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 />

Purchase<br />

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

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

Receivables from related parties (Note 12)<br />

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

Joint ventures<br />

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

Payables to related parties (Note 17)<br />

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

Joint ventures<br />

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

The amounts outstanding at year end are unsecured and will be settled in cash.<br />

(i) Sale of assets<br />

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

133<br />

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

AED'000 AED'000<br />

47,961<br />

14,024<br />

3,964<br />

1,129,537<br />

1,195,486<br />

5,183<br />

698<br />

Services received - Joint ventures<br />

88,058<br />

Services received - Companies under <strong>com</strong>mon control 39,585<br />

(ii) Year end balances arising from sale / purchase of goods and / or services<br />

Other transactions<br />

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

Salaries and short-term employee benefits<br />

Post-employment benefits<br />

133,524<br />

1,478<br />

8,734<br />

19,226<br />

29,438<br />

306<br />

3,845<br />

19,086<br />

23,237<br />

477<br />

477<br />

28,633<br />

3,397<br />

32,030<br />

48,908<br />

11,891<br />

3,100<br />

898,385<br />

962,284<br />

4,939<br />

120<br />

-<br />

34,094<br />

39,153<br />

6,888<br />

6,971<br />

19,833<br />

33,692<br />

-<br />

-<br />

111,902<br />

111,902<br />

4,078<br />

4,078<br />

44,130<br />

4,140<br />

48,270

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