2018 UEM Edgenta Annual Report

40. RELATED PARTY DISCLOSURES (a) Sale and purchase of goods and services In addition to the transactions and balances detailed elsewhere in the financial statements, the Group and the Company had the following significant transactions at terms agreed between the related parties during the financial year: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Income received/receivable from Management fees from subsidiaries – – (61,493) (45,558) Asset consultancy services fees received from: - immediate holding company (17,906) (8,586) – – - related companies (45,558) (52,178) – – - joint ventures – (167,604) – – - associates (16,152) – – – Infrastructure maintenance fees received from: - immediate holding company (620) (1,137) – – - related companies (766,201) (791,397) – – Facilities management fees received from: - immediate holding company (159) (131) – – - related companies (92,151) (70,110) – – - associates (37,000) (46,653) – – License and commission fees received from an associate (1,500) (1,455) – – Rental received from: - a subsidiary – – (3,104) – Expenses paid/payable to Management fee expense to immediate holding company 4,000 3,400 4,000 3,400 Rendering of services by: - immediate holding company 10,657 11,300 283 876 - related companies 14,876 14,037 – 501 - non-controlling shareholder of a subsidiary 3,835 3,419 – – - associates 11,647 – – – Rental paid to: - related company 7,634 6,007 912 857 Others Deferred consideration paid to non-controlling shareholder of a subsidiary – 3,400 – 3,400 All other significant intercompany transactions have been disclosed in Note 21 and 31. NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2018 Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 232