Annual Report - Bina Puri

Notes to and Forming Part of the Financial Statements (Cont’d)38. RELATED PARTY DISCLOSURES (Cont’d)(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: (Cont’d)GroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Consultancy fee charged by a subsidiary – – 168 168Construction services charged by- associate 5,275 2,682 – –- former associates – 4,260 – –Hiring charges by former associates – 1,424 – –Sub-contractor claims charged by an associate 532 1,145 – –Security and safety charges by a subsidiary – – 216 162Purchase of air tickets from a companyin which a director of the Companyhas substantial financial interest 1,052 886 614 239Purchase of diesel from a companyin which a director of the Companyhas substantial financial interest 3,238 3,278 – –Repayment of advances to subsidiaries – – 5,663 14,654Advance to subsidiaries – – 6,225 –Advance to jointly controlled entity 505 – 505 –Advance to associates 2,545 – 1,810 –Repayment of advances to associates – 108 – –Information regarding outstanding balances arising from related party transactions at year end are disclosed inNotes 8, 15, 16, 17 and 26.(d)Compensation of key management personnel(i)The remuneration of directors and other members of key management personnel of the Group and theCompany during the year comprises:GroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Short-term employee benefits 6,061 5,363 2,526 2,192Post employment benefits- defined contribution plan 586 556 312 2276,647 5,919 2,838 2,419BINA PURI HOLDINGS BHDAnnual Report 200797