169 AUDITED FINANCIAL STATEMENTS 2021 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 54 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 (b) Purchase of goods and services (continued) (ii) Transactions with FELDA and its non-FGV subsidiaries Repayment of loans 250,000 310 250,000 310 Finance expense charged 40,759 42,335 40,759 42,335 Building rental charged 2,281 2,226 52 52 LLA liability paid by FGVPM 413,018 260,812 – – Purchase of latex by FRISB 148,117 136,033 – – Purchase of FFB by FPISB and FGVT 5,333,216 3,000,019 – – Joint Consultative Committee payment by FPISB and FGVPM to FELDA 16,953 12,400 – – (c) Transactions with Government-related entities Transactions between subsidiaries and other government agencies Cooking oil subsidy received from Malaysia Palm Oil Board (“MPOB”) and Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan 202,519 51,778 – – Cess payment to MPOB 42,240 38,771 – – (d) Key management compensation Key management personnel comprise of Directors and senior management with the rank of Vice President and above, having authority and responsibility for planning, directing and controlling the activities of the Group either directly or indirectly. The aggregate amount of emoluments received/receivable by key management personnel of the Group and the Company during the financial year is as follows: Group Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Fees 1,659 1,752 1,630 1,621 Salaries and bonuses 20,856 20,415 20,856 20,415 Defined contribution and benefit plans 3,713 3,630 3,713 3,630 Other short-term employee benefits 4,329 4,446 3,545 3,877 30,557 30,243 29,744 29,543
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