Annual Report - Bina Puri

Notes to and Forming Part of the Financial Statements (Cont’d)37. EMPLOYEE BENEFITS EXPENSEGroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Salaries, wages, allowances and bonuses- Executive directors 2,961 2,665 1,245 1,095- Other employees 29,622 29,439 3,487 2,727Defined contribution plan- EPF contributions 3,367 3,366 537 454Social security costs- SOCSO contributions 338 340 29 24Other staff related expenses 3,621 4,559 238 24139,909 40,369 5,536 4,54138. RELATED PARTY DISCLOSURES(a) The Group has a controlling related party relationship with its subsidiaries referred to in Note 6.(b)The Group also has related party relationship with the following related parties:- Associates- Jointly controlled entity- Companies in which a director of the Company has financial interest- Former associate(c)In addition to information disclosed elsewhere in the financial statements, the Group has the following significanttransactions with the related parties during the financial year:GroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Sales of quarry products to associate 1,846 2,804 – –Management fees charged to:- subsidiaries – – 4,244 2,350- associate 12,393 18,348 12,393 18,348Rental income received from subsidiaries – – 367 367Project commission received from subsidiaries – – 896 1,446Repayment of advances from subsidiaries – – – 7,869Repayment of advances from associates – 2,179 – 1,54996 BINA PURI HOLDINGS BHDAnnual Report 2007