2018 UEM Edgenta Annual Report

40. RELATED PARTY DISCLOSURES (b) Compensation of key management personnel Key management personnel is defined as those persons having authority and responsibility for planning, directing and controlling the activities of the Group, directly or indirectly including any directors. Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Salaries and other emoluments 11,996 13,524 5,223 3,130 Contributions to defined contribution plans 627 787 491 348 12,623 14,311 5,714 3,478 Included in total key management personnel compensation are: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Directors’ remuneration excluding benefits-in-kind (Note 9) 2,635 3,122 2,500 2,901 41. FINANCIAL INSTRUMENTS Classification of financial instruments The principal accounting policies in Note 2.4 describe how the classes of financial instruments are measured, and how income and expenses, including fair value gains and losses, are recognised. The following table analyses the financial assets and liabilities in the statements of financial position by the class of financial instrument to which they are assigned, and therefore by the measurement basis: Amortised FVTPL cost Total RM’000 RM’000 RM’000 2018 Group Assets Trade receivables, net (Note 21) – 653,896 653,896 Concession receivable (Note 21) – 142,975 142,975 Other receivables, net (Note 21) – 82,392 82,392 Cash, bank balances and deposits (Note 24) – 496,293 496,293 Short term investments (Note 23) 107,178 – 107,178 Total financial assets 107,178 1,375,556 1,482,734 Total non-financial assets 1,394,957 Total assets 2,877,691 Liabilities Trade payables (Note 31) – 443,324 443,324 Other payables (Note 31) 8,691 292,736 301,427 Borrowings (Note 29) – 532,465 532,465 Total financial liabilities 8,691 1,268,525 1,277,216 Total non-financial liabilities 83,707 Total liabilities 1,360,923 Financial Review Stakeholder Information AGM Information 233 Governance Review of Sustainability Activities