CAHYA MATA SARAWAK ANNUAL REPORT 2016

179 Cahya Mata Sarawak Berhad A N N U A L R E P O R T 2 0 1 6 Section 07 Financial StatementS NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2016 39. SIGNIFICANT RELATED PARTY TRANSACTIONS (CONT'D.) (b) Year-end balances arising from sale/purchase of goods and services Group Company 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Receivable from related parties: - Titanium Construction Sdn. Bhd. - 5 - - - Vanadium Land Sdn. Bhd. - 91 - - - Laku Management Sdn. Bhd. 518 1,552 - - Payable to related party: - Satria Realty Sdn. Bhd. - 3 - - Information regarding outstanding balance arising from related party transactions as at 31 December 2016 are disclosed in Note 24 and Note 31. (c) Compensation of key management personnel The remuneration of directors and other key management personnel during the year was as follows: Group Company 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Key management personnel Directors (Note 10) - Fees 853 851 733 739 - Remuneration 4,700 7,340 4,308 7,240 - Defined contribution plans 504 814 470 814 Total short-term employee benefits 6,057 9,005 5,511 8,793 Share-based payments - 37 - 37 Benefits-in-kind 400 7,151 363 7,120 6,457 16,193 5,874 15,950 Other key management personnel - Short-term employee benefits 4,482 5,705 1,194 1,692 - Defined contribution plans 539 685 143 203 - Share-based payments - 471 - 16 Total short-term employee benefits 5,021 6,861 1,337 1,911 Benefits-in-kind 192 9,280 47 2,192 5,213 16,141 1,384 4,103 Total key management personnel 11,670 32,334 7,258 20,053 Key management personnel comprise persons other than directors of the Group, having authority and responsibility for planning, directing and controlling the activities of the entity either directly or indirectly.