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207
Notes to the financial statements
31 December 2012
(continued)
Annual Report 2012 KPJ Healthcare Berhad
33. Significant related party disclosures (continued)
(a) Significant related party transactions (continued)
Type of transactions
Group
2012
2011
RM’000
RM’000
Paid/payable to/ (received/receivable from) associate
Al-’Aqar Healthcare REIT
Disposal of building
(96,500)
(50,270)
Disposal of land
(3,590)
-
Paid/payable to/(received/receivable from) a related party
JCorp Hotels and Resort Sdn Bhd
Purchase of service apartments
1,935
-
Johor Corporation
Acquisition of subsidiary
15,840
-
Acquisition of land
45,000
-
Management fees charged to subsidiaries are in respect of operational and administrative function of the subsidiaries which are performed by employees
of the Company.
Information regarding outstanding balances arising from related party transactions as at the financial year end are disclosed in Note 23 and 26.
(b) Key management personnel compensation
Group/Company
2012
2011
RM’000
RM’000
Salaries, allowances and bonus
3,144
2,843
Contribution to defined contribution plan
680
317
3,824
3,160
34. Non-cancellable operating lease commitments
The future minimum lease payments under non-cancellable operating leases are as follows:
Group
2012
2011
RM’000
RM’000
Represented by:
Not later than 1 year
71,527
71,398
Later than 1 year but not later than 2 years
71,457
89,066
Later than 2 years but not later than 5 years
248,031
224,854
Later than 5 years
479,790
516,907
870,805
902,225
The Group has entered into a contractual agreement with AmanahRaya Trustees Berhad (as Trustee for Al-’Aqar Healthcare REIT) and Damansara REIT
Managers Sdn Bhd to lease the hospital land and buildings including certain equipment for a period of fifteen years, with an option to renew for another fifteen
years subject to terms and conditions as stipulated in the agreement.