axiata group berhad | annual report 2015
240
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
42. RELATED PARTY TRANSACTIONS (CONTINUED)
Whenever exist, related party transactions also includes transaction with entities that are controlled, joint ventures or significantly influenced directly
by any key management personnel or their close family members.
In addition to related party transactions and balances mentioned elsewhere in the financial statements, set out below are significant related party
transactions and balances which were carried out on terms and conditions negotiated amongst the related parties.
Group
Company
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
(a) Sale of goods and services:
Associates:
- International roaming revenue
13,635
15,715
-
-
- Telecommunication services
233,222
173,477
-
-
246,857
189,192
-
-
Joint ventures:
- Telecommunication services
611,463
732,288
-
-
(b) Purchase of goods and services:
Associates:
- Interconnection charges
13,979
13,245
-
-
- Leaseline charges, maintenance and others
63,799
64,663
-
-
77,778
77,908
-
-
Joint venture:
- Revenue sharing
220,898
266,866
-
-
(c) Intercompany service agreement with subsidiaries:
- Technical and management services
-
-
48,142
42,821
(d) Dividends received from subsidiaries/associates
-
-
1,101,406
2,951,726
(e) Repayments/(Advances) from/(to) subsidiaries
- Advances
-
-
(175,430)
(1,910,725)
- Repayments
-
-
86,576
943,990
(f) Interest income/(expense) on advances (from)/to subsidiaries
- Interest income
-
-
47,006
32,210
- Interest expense
-
-
(24,819)
(41,652)
