125
ANNUAL REPORT 2015/2016
Notes to Financial Statements
32
FINANCIAL RISK MANAGEMENT (CONT’D)
(i)
0GGTFUUJOH GJOBODJBM BTTFUT BOE GJOBODJBM MJBCJMJUJFT
The gross intercompany receivables and payables that were subject to enforceable netting
arrangements in balance sheet are as follows:
THE COMPANY
2016
2015
$’000
$’000
Amounts due from subsidiaries - current
68,723
21,013
Amounts due to subsidiaries - current
(38,453)
(39,021)
/FU BNPVOU EVF GSPN UP TVCTJEJBSJFT
(2016: Note 15, 2015: Note 24)
30,270
(18,008)
33
RELATED PARTY TRANSACTIONS
(a)
Related companies:
Intragroup transactions and balances that have been eliminated in these consolidated financial
statements are not disclosed as related party transactions and balances below. These are on
the basis determined between the parties.
(b)
0UIFS SFMBUFE QBSUJFT:
There are transactions and arrangements between the Group and related parties and the
effects of these on the basis determined between the parties are reflected in these financial
statements. The current related party balances are unsecured, without fixed repayment terms
and interest unless stated otherwise.
