Singapore Airlines 2009 Annual Report Download - page 204

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202
NOTES TO THE FINANCIAL STATEMENTS
31 March 2009
39 Related Party Transactions (in $ million)
For the purposes of these fi nancial statements, parties are considered to be related to the Group if the Group
has the ability, directly or indirectly, to control the party or exercise signifi cant infl uence over the party in
making fi nancial and operating decisions, or vice versa, or where the Group and the party are subject to
common control or common signifi cant infl uence. Related parties may be individuals or other entities.
In addition to the related party information disclosed elsewhere in the fi nancial statements, these were the
following signifi cant related party transactions which were carried out in the normal course of business on
terms that prevail in arm’s length transactions during the fi nancial year:
The Group The Company
2008-09 2007-08 2008-09 2007-08
Purchases of services from
subsidiary companies - - 781.4 775.7
Services rendered to subsidiary companies - - (1,432.8) (1,309.9)
Purchases of services from
associated companies 132.8 166.0 82.0 147.3
Services rendered to associated companies (40.7) (68.9) (14.6) (15.8)
Purchases of services from joint
venture companies 1.2 148.4 1.2 148.4
Services rendered to joint venture companies (10.8) (111.4) (0.8) (98.5)
Directors’ and key executives’ remuneration of the Company
The Company
2008-09 2007-08
Directors
Salary, bonuses and other costs 6.3 5.0
CPF and other defi ned contributions * *
Share-based compensation expense 1.2 1.0
7.5 6.0
Key executives (excluding executive directors)
Salary, bonuses and other costs 5.7 2.6
CPF and other defi ned contributions * *
Share-based compensation expense 1.2 0.9
6.9 3.5
* Amount less than $0.1 million.