106
ASIAMEDIAGROUPBERHAD
(813137-V)
Notes to theFinancial Statements
(Cont’d)
27) SIGNIFICANTRELATEDPARTYTRANSACTIONS
For thepurposesof thesefinancial statements,partiesareconsidered tobe related to theCompany
if the Company has the ability, directly or indirectly, to control the party or exercise significant
influence over the party in making financial and operating decisions, vice versa, or where the
Company and thepartyare subject to common control or common significant influence. Related
partiesmay be individuals or other entities.
Keymanagement personnel aredefinedas thosepersonshavingauthorityand responsibility for
planning, directingand controlling theactivities of theGroupandof the Company either directly
or indirectly. The key management personnel include all the directors of the Group and of the
Company.
The remuneration of directors and other members of key management during the year is as
follows:
GROUP
COMPANY
2013
2012
2013
2012
RM
RM
RM
RM
Short-termemployee benefits (Note 20) 364,400
373,400
162,000
171,000
28) COMMITMENTS
GROUP
2013
2012
RM
RM
Capital commitment:
Plant andequipment
Authorised and contracted for
1,004,000 1,004,000
29) SUPPLEMENTARY INFORMATION
Supplementary information inaccordancewithGuidanceonSpecialMatterNo.1,Determinationof
RealisedandUnrealisedProfitsorLosses in theContextofDisclosurePursuant toBursaMalaysia
SecuritiesBerhadListingRequirements,as issuedby theMalaysian InstituteofAccountants (“MIA
Guidance”) and the directive of BursaSecurities are as follow:
GROUP
COMPANY
2013
2012
2013
2012
RM
RM
RM
RM
Retained earnings carried forward
are analysed as follows:
- Unrealised
(6,235,350) (4,170,251)
–
–
- Realised
41,033,879 33,763,320 5,412,361 5,988,446
34,798,529 29,593,069 5,412,361 5,988,446
Add: Consolidationadjustments
56,504
–
–
–
34,855,033 29,593,069 5,412,361 5,988,446
