2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
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>