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186 | S P SETIA BERHAD GROUP | Annual Report 2014

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2014

V. FINANCIAL STATEMENTS

41. RELATED PARTY DISCLOSURES

The following significant related party transactions took place at terms agreed between the parties during the financial year:

(a) Significant related party transactions during the financial year are as follows:

Transaction value

Balance outstanding

Group

Company

Group

Company

2014

2013

2014

2013

2014

2013

2014

2013

RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

Restated

Restated

Restated

Restated

Transactions with subsidiary

companies

Interest received and receivable

-

-

104,832

96,001

-

-

143,719

113,441

Management fee received and

receivable

-

-

-

6,966

-

-

31,133

32,050

Security services rendered

-

-

1,787

1,056

-

-

-

-

Staff secondment

-

-

6,985

1,995

-

-

7,350

1,175

Rental paid and payable

-

-

47

94

-

-

-

-

Transactions with jointly controlled

entities

Management fee received and

receivable

3,547

478

-

-

-

8

-

-

Construction services rendered

36,613

1,432

-

-

-

1,104

-

-

Interest received and receivable

2,012

-

2,012

-

-

-

-

-

Rental received and receivable

1,218

359

-

-

-

230

-

-

Staff secondment

1,746

408

-

-

-

31

-

-

Security services rendered

336

78

-

-

-

11

-

-

Sale of building materials

200

-

-

-

-

-

-

-

Transfer of motor vehicle

50

-

-

-

-

-

-

-

Event service fee charged

30

20

-

-

-

6

-

-

Group marketing fee charged

323

78

-

-

-

(27)

-

-

Marketing support fee charged

-

547

-

-

-

547

-

-

Sale of investment properties

88,405

-

-

-

-

-

-

-

Transactions with associated

companies

Interest received and receivable

-

476

-

476

-

476

-

476