Yinson Annual Report 2021

288 YINSON HOLDINGS BERHAD SECTION 07 : ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 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 2021 2020 2021 2020 RM million RM million RM million RM million Related companies controlled by certain Directors: - sales of barges - 2 - - Joint ventures: - dividend income 17 14 17 14 - interest income 4 2 - - - management fee income 11 13 - - - finance lease income 2 2 - - - advances paid (21) (56) - - - repayment of advances 74 53 - - Subsidiaries: - repayment of advances received - - - 47 - advances received - - 98 295 - repayment of advances paid - - - (324) - management fee income - - 23 41 - interest income - - 7 34 - dividend income - - 220 346 - service income - - - 1 (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 directors of the Group and the Company. Information of compensation to directors is disclosed in Note 11.