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NOTES TO FINANCIAL STATEMENTS
(cont’d)
31 March 2016
29 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
2016 2015
$’000 $’000
(a) Key management personnel compensation 4,718 4,250
Short-term employee benefits
(includes the remuneration of an executive trustee)
(b) Services rendered
Consultancy fees paid to a Trustee 167 254
30 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
2016 2015 2016 2015
$’000 $’000 $’000 $’000
Financial Assets
Loans and receivables
(including cash and cash equivalents) 1,432,279 1,322,561 1,401,262 1,302,777
Fair value through profit or loss 2,173,930 2,378,246 2,173,430 2,378,246
Derivative financial instruments 28,383 4,219 28,383 4,219
3,634,592 3,705,026 3,603,075 3,685,242
Financial Liabilities
Amortised cost 303,666 254,653 295,151 251,231
Derivative financial instruments 453 11,665 453 11,665
304,119 266,318 295,604 262,896
NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES 81
