2012 Annual Report - Media Prima Berhad

40 SIGNIFICANT NON-CASH TRANSACTIONS
The significant non-cash transactions during the financial year were as follows:
Group
2012 2011
RM’000 RM’000
Property, plant and equipment obtained through:
– contra arrangements with customers 1,279 –
Investment property obtained through:
– contra arrangement with a customer – 417
Company
2012 2011
RM’000 RM’000
Disposal of interest via issuance of Redeemable Preference Shares
in UPD, TRC, Kurnia and Jupiter 42,484 –
Disposal of interest via intercompany balances in ntv7, TV9,
Merit Idea Sdn Bhd and Perintis Layar Sdn Bhd – 394,741
41 RELATED PARTY TRANSACTIONS
(a)
Key management compensation
Key management personnel are those persons having authority and responsibility for planning, directing and
controlling the activities of the Group, directly or indirectly, including any director (whether executive or
otherwise) of the Group.
Key management personnel of the Company are the Executive Directors and the senior management of the
Company.
Key management compensation was as follows:
RADIO OUTDOOR
NETWORKS
Group
Company
2012 2011 2012 2011
RM’000 RM’000 RM’000 RM’000
Key management:
– Fees 885 885 435 435
– Basic salaries, bonus and other remunerations 7,955 9,591 3,619 3,160
– Allowance 1,389 1,610 617 593
– Defined contribution retirement plan 1,502 1,706 676 611
11,731 13,792 5,347 4,799
Estimated monetary value of benefits-in-kind 184 393 41 130
Included in the key management compensation is Directors’ remuneration as disclosed in Note 7 to the financial
statements.
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2012
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