. 121
ANNUAL
REPORT
20 1 7
THE BE ST
I N US
NOTESTOTHE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
23.
RELATEDPARTYTRANSACTIONS
(a)
Salesandpurchaseof goodsand services
Other than the related party information disclosed elsewhere in the financial statements, there are
noother significant transactionsbetween theGroupand relatedpartieswhoarenotmembersof the
Groupduring the financial year.
(b)
Compensationof keymanagementpersonnel
Group
2017
2016
$’000
$’000
Short-termemployeebenefits
2,488
3,067
Comprise amounts paid / payable to
–Directors of theCompany
1,239
1,240
–Other keymanagement personnel
1,249
1,827
2,488
3,067
24.
DIRECTORS’ ANDEXECUTIVES’ REMUNERATION
Directors’ remuneration and fees amounted to $976,000 (2016: $977,000) and $263,000 (2016: $263,000)
respectively.
The number of Directors of the Company with remuneration received from the Company and all of its
subsidiaries fall within the followingbands:
Company
2017
2016
$500,000 to$999,999
1
1
$250,000 to$499,999
1
1
Below$250,000
5
5
Total
7
7
