FGV Audited Financial Statements 2020

56 SIGNIFICANT RELATED PARTY TRANSACTIONS (continued) (d) Key management compensation Key management personnel comprise of Directors and senior management with the rank of Vice President and above, having authority and responsibility for planning, directing and controlling the activities of the Group either directly or indirectly. The aggregate amount of emoluments received/receivable by key management personnel of the Group and the Company during the financial year is as follows: Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Fees 2,669 1,847 1,621 1,532 Salaries and bonuses 16,124 13,188 16,124 13,188 Defined contribution and benefit plans 2,943 2,644 2,943 2,644 Other short-term employee benefits 4,446 3,822 3,877 3,361 26,182 21,501 24,565 20,725 (e) Loans due from subsidiaries Terms and conditions of the loans are disclosed in Note 35 to the financial statements. Company 2020 RM’000 2019 RM’000 At 1 January 62,600 6,999 Addition 434,437 305,249 Repayment (128,151) (248,586) Provision of impairment - (1,062) At 31 December 368,886 62,600 (f) Loans due from joint ventures Terms and conditions of the loan are disclosed in Note 32 to the financial statements. Group 2020 RM’000 2019 RM’000 At 1 January - 70,201 Repayment - (22,510) Provision for impairment - (47,171) Currency translation difference - (520) At 31 December - - 186 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020