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AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 257
noteS to the finanCial StatementS
for the year ended 30 June 2015
37. RELATED PARTY DISCLOSURES
THE GROUP
THE BANK
2015
2014
2013
2015
2014
2013
Compensation of key management
personnel of the Group and the
Bank
MUR
MUR
MUR
MUR
MUR
MUR
Short-term employee benefits
123,088,887
132,570,499
90,732,561
95,646,933
121,241,747
90,732,561
Share-based payments
8,574,301
18,582,882
1,842,167
8,574,301
18,582,882
1,842,167
131,663,188
151,153,381
92,574,728
104,221,234
139,824,629
92,574,728
Transactions with directors and key management personnel of the Group and the Bank
The following table provides the total amount of transactions, which have been entered into with key management personnel for the relevant financial year:
THE GROUP
2015
2014
2013
Balances as at
30 June 2015
Income from /
(expense to)
Balances as at
30 June 2014
Income from /
(expense to)
Balances as at
30 June 2013
Income from /
(expense to)
Directors of the Bank:
MUR
MUR
MUR
MUR
MUR
MUR
Loans and advances
59,108,972
5,806,631
159,770,326
2,821,008
15,076,668
328,469
Deposits from customers:
- Term deposits
7,452,586
(344,161)
6,034,271
(144,179)
12,207,016
(96,001)
- Savings and current accounts
24,374,569
(686,015)
33,041,787
(909,170)
26,199,247
-
31,827,155
(1,030,176)
39,076,058
(1,053,349)
38,406,263
(96,001)
Directors’ fees
-
(2,890,479)
-
(2,151,781)
-
(1,917,534)
Other fees
-
(29,046,632)
-
-
-
-
31,827,155
(32,967,287)
39,076,058
(3,205,130)
38,406,263
(2,013,535)
THE BANK
2015
2014
2013
Balances as at
30 June 2015
Income from /
(expense to)
Balances as at
30 June 2014
Income from /
(expense to)
Balances as at
30 June 2013
Income from /
(expense to)
Directors of the Bank:
MUR
MUR
MUR
MUR
MUR
MUR
Loans and advances
58,079,247
5,806,631
159,713,883
2,762,144
15,076,668
328,469
Deposits from customers:
- Term deposits
7,452,586
(344,161)
6,034,271
(144,179)
12,207,016
(96,001)
- Savings and current accounts
24,284,150
(681,128)
32,463,144
(895,045)
26,199,247
-
31,736,736
(1,025,289)
38,497,415
(1,039,224)
38,406,263
(96,001)
Directors’ fees
-
(2,890,479)
-
(2,151,781)
-
(1,917,534)
Other fees
-
(29,046,632)
-
-
-
-
31,736,736
(32,962,400)
38,497,415
(3,191,005)
38,406,263
(2,013,535)