/ . 7 7
A N N U A L R E P O R T 2 0 1 5
T H E S T R E N G T H O F O U R B R A N D S
3 .
re l a t ed Pa r t y re l a t i on s h i p s and Tr an s a c t i on s ( Con t ’ d )
3 . 3
Ke y managemen t compen s a t i on :
group
2015
$’000
2014
$’000
Salaries and other short-term employee benefits
1,654
971
The above amounts are included under employee benefits expense. Included in the above amounts are following items:
group
2015
$’000
2014
$’000
Remuneration of Directors of the Company
1,237
847
Remuneration of a Director of a Subsidiary
208
–
Fees to Directors of the Company
120
41
Other Benefits
89
83
Key management personnel include the Directors and those persons having authority and responsibility for planning,
directing and controlling the activities of the Company and Group, directly or indirectly. The above amounts for key
management compensation are for all the Directors only.
Further information about the remuneration of individual directors is provided in the report on corporate governance.
3 . 4
Ot he r Re c e i v ab l e s f r om and Ot he r Pa y ab l e s t o Re l a t ed Pa r t i e s :
The trade transactions and the trade receivables and payables balances arising from sales and purchases of goods and
services are disclosed elsewhere in the notes to the financial statements.
The movements in other receivables from and other payables to related parties are as follows:
group
related parties
2015
$’000
2014
$’000
other receivables (other payables):
Balance at beginning of the year
–
3,772
Amounts paid in and settlement of liabilities on behalf of the Company
–
(4,857)
Amounts paid out and settlement of liabilities on behalf of another party
–
1,085
Balance at end of the year
–
–
