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Annual Report 2012, PDF - Axiata Group Berhad - Investor Relations

Annual Report 2012, PDF - Axiata Group Berhad - Investor Relations

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NOTES TO THEFINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2012</strong> (CONTINUED)44. RELATED PARTY TRANSACTIONS (CONTINUED)Key management personnel are the persons who have authority and responsibility for planning, directing andcontrolling the activities of the <strong>Group</strong> or the Company either directly or indirectly. Key management personnelof the <strong>Group</strong> and the Company include the Senior Leadership Team who report directly to the <strong>Group</strong> ChiefExecutive Officer.Whenever exist, related party transactions also includes transaction with entities that are controlled, jointlycontrolled or significantly influenced directly by any key management personnel or their close family members.In addition to related party transactions and balances mentioned elsewhere in the financial statements, set outbelow are significant related party transactions and balances which were carried out on terms and conditionsnegotiated amongst the related parties.<strong>Group</strong>Company<strong>2012</strong> 2011 <strong>2012</strong> 2011RM’000 RM’000 RM’000 RM’000(a) Sale of goods and servicesAssociates:– International roaming revenue 23,713 34,860 – –– Telecommunication services 126,200 95,306 – –149,913 130,166 – –(b) Purchase of goods and servicesAssociates:– Interconnection charges 15,187 13,843 – –– Leaseline charges, maintenanceand others 65,673 45,034 – –80,860 58,877 – –(c) Intercompany service agreement– Technical and management services – 272 30,728 48,418(d) Dividends received fromsubsidiaries/associates – – 3,094,875 2,107(e) Advances to/(from) subsidiaries/related parties (net of repayment) – – 477,662 (159,643)302

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