Creative 2014 Annual Report Download - page 58

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58
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2014
30. RELATED PARTY TRANSACTIONS
In addition to the information disclosed elsewhere in the nancial statements, the following transactions took place between
the Group and related parties at terms agreed between the parties:
(a) Sales and purchases of goods and services
Group
2014 2013
US$’000 US$’000
Sales of goods and/or services to associated companies 1,588 1,497
Purchases of goods and/or services from associated companies 35 149
Outstanding balances arising from sale/purchase of goods and services, are set out in Notes 11 and 20 respectively.
(b) Key management personnel compensation
Key management personnel compensation is as follows:
Group
2014 2013
US$’000 US$’000
Short-term employees benets 1,492 1,949
Employer’s contribuon to dened contribuon plans including Central Provident Fund 57 76
Terminaon benets 279 –
Employee share-based expense (107) 191
1,721 2,216
Included in the above is total compensation to the Chairman and Chief Executive Ofcer of the Company amounting to
S$1 (2013: S$1).
31. SEGMENT INFORMATION
Management determines the operating segments based on the reports reviewed and used by the chief operating decision-
maker (“CODM”) to make strategic decisions.
The CODM considers the business from a geographic segment perspective. Geographically, management considers the
performance of the business of the sale of advanced multimedia solutions for personal computers and personal digital
entertainment products in Asia Pacic, Europe and The Americas.
The reportable operating segments derive their revenue primarily from the sale of advanced multimedia solutions for personal
computers and personal digital entertainment products. In addition, services within Asia Pacic include investment holding
and this is included within the reportable operating segment as it is included in the reports provided to the CODM.