Interim Report 2012 - TodayIR.com

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Notes to Financial Statements30 June 201233. RELATED PARTY TRANSACTIONS (Continued)(b) Other transactions with related parties(i)The ending balance of interest-bearing bank loan as at 31 December 2011 and 30 June 2012 were all guaranteed by thethe companies owned by the Controlling Shareholder. Further details of the transaction are included in Note 25 to thefinancial statements.(ii)(iii)The Group entered into a trademark licensing agreement with Xiao Nan Guo (Group) Co., Ltd., pursuant to whichXiao Nan Guo (Group) Co., Ltd. had granted the Group an exclusive license to use its registered trademarks for noconsideration.During the six-month period ended 30 June 2012, the Group disposed of its leasehold improvement and equipment fora restaurant to a company owned by the Controlling Shareholder with a total consideration of RMB4,230,000 at carryingvalue.(c)Outstanding balances with related partiesThe amounts due from the Controlling Shareholder and companies owned by the Controlling Shareholder are disclosed inNotes 21, 23 and 24 to the financial statements. These balances are unsecured, interest-free and have no fixed terms ofrepayment.(d)Compensation of key management personnel of the GroupSix-month periodended 30 June2012 2011RMB’000RMB’000(unaudited)Short-term employee benefits 4,007 3,679Equity-settled share-based payment 951 1,020Total compensation paid to key management personnel 4,958 4,699Further details of Directors’ emoluments are included in Note 8 to the financial statements.The related party transactions with the Controlling Shareholder and companies owned by the Controlling Shareholder alsoconstitute connected transactions or continuing connected transactions as defined in Chapter 14A of the Listing Rules.INTERIM REPORT 2012 77
Notes to Financial Statements30 June 201234. FINANCIAL INSTRUMENTS BY CATEGORYThe carrying amounts of each of the categories of financial instruments as at the end of the reporting period are as follows:Group - 30 June 2012Financial assetsAvailable-for-Loans andsale financialreceivables assets TotalRMB’000 RMB’000 RMB’000Available-for-sale investments 100 100Long-term rental deposits 46,617 46,617Trade receivables 19,287 19,287Financial assets included in prepayments, deposits and other receivables 62,327 62,327Cash and cash equivalents 80,617 80,617208,848 100 208,948Financial liabilitiesFinancialliabilities atamortised costRMB’000Long-term payables 34,941Trade payables 101,269Financial liabilities included in other payables and accruals 108,917Interest-bearing bank loans 129,637374,76478XIAO NAN GUO RESTAURANTS HOLDINGS LIMITED
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CONTENTS2Corporate Information3Fina
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Management Discussion and AnalysisI
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Management Discussion and AnalysisT
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Management Discussion and AnalysisR
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Management Discussion and AnalysisL
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Management Discussion and AnalysisH
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Independent Auditors’ ReportOpini
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Consolidated Statement of Comprehen
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Consolidated Statement of Financial
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Consolidated Statement of Changes i
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Consolidated Statement of Cash Flow
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Notes to Financial Statements30 Jun
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