FGV Annual Report 2014

53 Significant Related Party Transactions (continued) (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 year is as follows: Group Company 2014 2013 2014 2013 RM’000 RM’000 RM’000 RM’000 Fees 4,340 2,707 2,091 2,039 Salaries and bonuses 24,406 16,097 23,716 14,737 Defined contribution retirement plan 4,574 3,388 4,463 3,144 Other short-term employee benefits 1,776 1,912 1,672 1,798 35,096 24,104 31,942 21,718 (e) Loans due from a significant shareholder Terms and conditions of the loan are disclosed in Note 44 to the financial statements. Group and Company 2014 2013 RM’000 RM’000 At 1 January 2,697,790 1,840,271 Addition – 1,067,400 Repayment (499,286) (214,286) Finance expense 134,046 93,085 Finance paid (129,630) (88,680) At 31 December 2,202,920 2,697,790 Felda Global Ventures Holdings Berhad pg 318 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014