126
STAMFORD LAND CORPORATION LTD
Notes to Financial Statements
33
RELATED PARTY TRANSACTIONS (CONT’D)
(b)
0UIFS SFMBUFE QBSUJFT: (cont’d)
Significant related party transactions:
In addition to the transactions and balances disclosed elsewhere in the notes to the financial
statements, this item includes the following:
THE GROUP
2016
2015
$’000
$’000
Services received from a director of the Company
(1,100)
(1,000)
3FDIBSHFT PG TFSWJDFT SFOEFSFE SFDFJWFE
483
(186)
Rental income from related parties
511
381
Related parties refer to companies and their subsidiaries with a substantial shareholder in
common with the Group.
(c)
Compensation to key management and directors:
,FZ NBOBHFNFOU QFSTPOOFM BSF FYFDVUJWF EJSFDUPST BOE UIPTF QFSTPOT IBWJOH BVUIPSJUZ
and responsibility for planning, directing and controlling the activities of the Group, directly
or indirectly. The below amounts for key management compensation are all the executive
directors and key management personnel.
THE GROUP
2016
2015
$’000
$’000
Fees to directors of the Company
280
303
Remuneration of directors of the Company
2,676
2,541
Remuneration of key management personnel
1,250
953
Share-based compensation
47
–
4,253
3,797
A total amount of $4,088,000 (2015: $3,627,000) is included under staff costs (Note 8).
