TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
108
NOTES TO THE FINANCIAL STATEMENTS
32. Related parties (continued)
(v) Significant related party transactions other than those disclosed elsewhere in the financial statements are as
follows:
Company
2014
2013
RM’000
RM’000
Subsidiaries
Dividend income receivable
89,200
75,110
Interest income receivable
12,072
15,300
Disposal of property, plant and equipment
134
905
Management fees payable
(3,057)
(7,877)
Rental expense payable
(181)
(184)
Interest expense payable
(18,709)
(15,737)
Purchases of property, plant and equipment
(505)
(255)
These transactions have been entered into in the normal course of business and have been established under negotiated
terms. The gross balances outstanding for subsidiaries are disclosed in Note 13 and Note 20.
There are no impairment loss made and no bad or doubtful receivable recognised for the financial year ended
31 December 2014 and 31 December 2013 in respect of the above related party balances.
There are no significant transactions with the key management personnel in the Group other than disclosed in Note 25.
33. Financial instruments
33.1 Categories of financial instruments
The table below provides an analysis of financial instruments categorised as follows:
(a) Loans and receivables (“L&R”);
(b) Fair value through profit or loss (“FVTPL”):
-
Held for trading (“HFT”); or
-
Designated upon initial recognition (“DUIR”);
(c) Held-to-maturity investments (“HTM”);
(d) Financial liabilities measured at amortised cost (“FL”); and
(e) Derivatives designated as hedging instrument
