Page 80 - Nanyang Technological University
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NOTES TO
FINANCIAL STATEMENTS (CONT’D)
31 March 2015
28 SIGNIFICANT RELATED PARTY INFORMATION (cont’d)
Other than disclosed elsewhere in the financial statements, the Group had the following significant transactions
with related parties during the year on terms agreed between the parties as follows:
Group
2015 2014
$’000 $’000
4,250 4,054
(a) Key management personnel compensation
Short-term employee benefits
(includes the remuneration of an executive trustee)
(b) Services rendered
Consultancy fees paid to a Trustee 254 231
29 FINANCIAL INSTRUMENTS, FINANCIAL RISKS AND CAPITAL RISKS MANAGEMENT
Categories of financial instruments
The following table sets out the financial instruments as at the end of the reporting period:
Group University Company
2015 2014 2015 2014
$’000 $’000 $’000 $’000
Financial Assets
Loans and receivables
(including cash and cash equivalents) 1,322,561 1,558,606 1,302,777 1,535,625
Fair value through profit or loss 2,378,246 1,796,859 2,378,246 1,796,859
Derivative financial instruments 4,219 5,919 4,219 5,919
3,705,026 3,361,384 3,685,242 3,338,403
Financial Liabilities
Amortised cost 254,653 306,863 251,231 302,876
Derivative financial instruments 11,665 - 11,665 -
266,318 306,863 262,896 302,876
78 NTU ANNUAL REPORT 2015
