INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2015
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For the financial year ended 31 December 2015
32.
RELATED PARTY TRANSACTIONS
In addition to those related party information disclosed elsewhere in the relevant notes to the consolidated financial
information, the following transactions between the Group and related parties took place during the financial year at
terms agreed between the parties during the financial year:
Nature of transactions
Year
A Shareholder
of the Group
Related
companies
Other related
parties
Rp million
Rp million
Rp million
Sales of goods
2015
1,179
3,010,599
842,030
2014
–
3,443,891
849,107
Purchases of packaging materials
2015
–
62,133
–
2014
–
27,730
–
Purchases of services, transportation
equipment and spare parts
2015
–
9,009
22,850
2014
–
7,877
78,637
Royalty fee expenses
2015
6,107
–
–
2014
5,556
–
–
Pump services expenses
2015
–
–
5,828
2014
–
–
5,349
Rental expenses
2015
–
–
34,349
2014
–
–
25,526
Freight services expenses
2015
–
–
–
2014
–
2,548
–
Insurance expenses
2015
–
–
32,466
2014
–
–
24,448
Other operating income
2015
–
3,981
50
2014
–
4,967
50
Compensation of key management personnel of the Group
2015
2014
Rp million
Rp million
Salaries and short-term employee benefits
177,661
165,992
Termination benefits
10,976
3,540
Post-employment benefits
15,211
11,767
Total compensation paid to the key management personnel
203,848
181,299
Comprise amounts paid to:
- Directors of the Company
79,689
65,878
- Other key management personnel
124,159
115,421
203,848
181,299
