FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 305 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 54 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 financial year is as follows: Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 Fees 2,463 2,937 1,774 1,731 Salaries and bonuses 15,803 21,150 14,650 19,933 Defined contribution and benefit plans 4,803 4,682 4,618 4,434 Other short-term employee benefits 5,983 7,200 4,014 4,022 29,052 35,969 25,056 30,120 (e) Loan due from subsidiaries Terms and conditions of the loan are disclosed in Note 31 to the financial statements. Group and Company 2017 RM’000 2016 RM’000 At 1 January 206,013 1,062 Addition - 204,951 Repayment (202,349) - At 31 December 3,664 206,013 (f) Loans due from joint ventures Terms and conditions of the loan are disclosed in Note 29 to the financial statements. Group 2017 RM’000 2016 RM’000 At 1 January 54,222 - Addition 22,510 54,222 Currency translation difference (5,301) - At 31 December 71,431 54,222