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2012 Annual Report - Media Prima Berhad

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<strong>Media</strong> <strong>Prima</strong> <strong>Berhad</strong><br />

Notes to<br />

the Financial Statements<br />

for the financial year ended 31 December <strong>2012</strong><br />

41 RELATED PARTY TRANSACTIONS (CONTINUED)<br />

(b) Transactions between Group entities (continued)<br />

The Group entities have an arrangement whereby all sales and placement of advertisements between the Group<br />

entities are made in slots/space usually reserved for in-house advertisements and promotions. The fair values<br />

of these sales and placement of advertisements are not material in relation to the financial statements.<br />

(c)<br />

Significant related party balances<br />

Amount due from/(to) subsidiaries<br />

Company<br />

<strong>2012</strong> 2011 1.1.2011<br />

RM’000 RM’000 RM’000<br />

ntv7 1,769 2,698 164,746<br />

STMB (12,426) *374,624 103,611<br />

<strong>Media</strong> <strong>Prima</strong> Content Services Sdn Bhd (1,299) (1,012) 86,430<br />

NSTP 15,845 122,195 58,800<br />

Alt <strong>Media</strong> Sdn Bhd 15,199 15,589 28,305<br />

Ch-9 1,570 390 22,102<br />

Perintis Layar Sdn Bhd 244 243 16,789<br />

Kurnia Outdoor Sdn Bhd – 38 7,517<br />

Merit Idea Sdn Bhd 47 38 5,527<br />

Big Tree Outdoor Sdn Bhd 680 101 (3,420)<br />

Synchrosound Studio Sdn Bhd 11,796 *18,058 3,982<br />

8TV 2,488 3,071 2,936<br />

Primeworks Studios Sdn Bhd 2,429 1,860 4,155<br />

Gama <strong>Media</strong> International (BVI) Ltd – (7,730) 5<br />

* These balances were mainly relating to the Corporate Restructuring as disclosed in Note 26.<br />

Amount due to an associate<br />

Group<br />

<strong>2012</strong> 2011<br />

RM’000 RM’000<br />

MNI 3,613 2,005<br />

234<br />

annual<br />

report<br />

<strong>2012</strong>

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