Hatching For The Future - teo seng capital berhad

Teo Seng Capital Berhad
Notes To The Financial Statements
For The Financial Year Ended 31 March 2012
32. RELATED PARTY DISCLOSURES (cont’d)
(c)
Information regarding outstanding balances arising from related party transactions at 31 March 2012 are disclosed
in Note 11 and Note 18.
(d)
Compensation of key management personnel
The compensation of key management personnel who are the executive directors of the Group and of the
Company are detailed in Note 22(a).
Group
Company
2012 2011 2012 2011
RM RM RM RM
Salaries and other emoluments 6,685,258 6,614,469 484,000 446,000
Pension costs - defined contribution plan 569,895 512,475 72,600 66,900
Social security costs 6,678 6,286 1,063 1,151
7,261,831 7,133,230 557,663 514,051
33. OPERATING SEGMENTS
For management purposes, the Group is organised into business units based on their products and services provided.
The Group is organised into 3 main business segments as follows :
(i) Investment holding.
(ii) Trading of pet food, medicine and other related products.
(iii) Poultry farming.
The Management assesses the performance of the operating segments based on operating profit or loss which is
measured differently from those disclosed in the consolidated financial statements.
Group financing (including finance costs) and income taxes are managed on a group basis and are not allocated to
operating segments.
Assets, liabilities and expenses which are common and cannot be meaningfully allocated to the operating segments
are presented under unallocated items. Unallocated items comprise mainly investments and related income, loans and
borrowings and related expenses, corporate assets (primarily the Company’s headquarters) and head office expenses.
Inter-segment sales comprise sale of layers, eggs, animal feeds and egg trays under poultry farming based on agreed
terms between the companies in the Group.
Annual Report 2012
83