Yinson Annual Report 2018

Notes to the Financial Statements (Cont’d) For the financial year ended 31 January 2018 38. SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) (a) Significant related party transactions In addition to the related party information disclosed elsewhere in the financial statements, the following significant transactions between the Group and related parties took place at terms agreed between the parties during the financial year: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Related companies controlled by certain Directors: - management fee income 750 250 750 250 - advances 278 – – – - management and administration charges 240 – – – - rental income 79 30 79 – - transport income – 2,774 – – - lease of barges – 788 – – - purchases of goods – 1,384 – – Associates: - chartering charges 3,241 3,529 – – - consultancy fee charges 2,699 2,430 2,699 2,430 - purchases of goods 2,044 5,202 – – - management and administration charges 848 3,183 – – - rental income 71 63 71 – - interest income 50 89 – – - advances 40 61 40 61 - management fee income 10 – 10 – - lease of barges – 509 – – Joint ventures: - dividend income 20,046 – 20,046 – - interest income 1,139 2,205 1,139 2,205 - advances – 7,949 – 3,923 Subsidiaries: - advances – – 243,183 249,292 - management fee income – – 74,132 26,762 - interest income – – 35,386 33,775 - dividend income – – 25,779 103,754 - rental income – – 128 – (b) Related party balances Related party balances have been disclosed in Notes 24 and 36 to the financial statements. (c) Compensation to key management personnel Key management personnel of the Group and of the Company are made up of executive directors of the Group and the Company. Information of compensation to executive directors is disclosed in Note 11. 172 Yinson Holdings Berhad Annual Report 2018 Accountability