NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
29. Related party transactions
(a)
Related party transactions
In addition to the related party information disclosed elsewhere in the financial statements, the following significant
transactions between the Company and related parties took place at terms agreed between the parties during the financial
period:
2014
2013
$’000
$’000
Management fee received
6,956
6,616
Royalties/licensing/agency fees received
81
142
Interest received
522
1,079
Rental income received
365
366
Sales commission received
876
975
Dividend received
20,000
21,584
Waiver of payable
5,235
−
Interest paid
(1,667)
(826)
Administrative and support service paid
(1,170)
(1,174)
Consultancy services paid
(175)
(821)
Related transactions with divested subsidiaries
2014
2013
$’000
$’000
Management fee received
−
1,466
Dividend received
−
12,667
Interest paid
−
(56)
Related companies:
These are subsidiaries and associates of the CSE Global Ltd and its subsidiaries.
(b)
Compensation of directors and key management personnel
Group
2014
2013
$’000
$’000
Short-term employee benefits
8,383
16,736
Central Provident Fund contribution
31
167
Directors service fees
175
821
Directors fees
378
735
8,967
18,459
Comprise amounts paid to:
Directors of the Company
1,568
13,047
Other key management personnel
7,399
5,412
8,967
18,459
110
CSE Global Limited
