29 RELATED PARTIES TRANSACTIONS
Significant transactions between the Group and related parties during the year that are carried out in the normal course of
business are disclosed below. Outstanding balances with associated companies, joint ventures and Group companies are
disclosed in Notes 20 and 21.
(i) Income from and expenses to related parties
2015
2014
HK$’000
HK$’000
Income:
Container handling fees received from joint ventures
and related companies (Note a)
35,464
61,117
Management and service fee received from joint ventures
and related companies (Note b)
77,946
82,197
Transportation management services fee income from a joint venture
and related companies (Note c)
29,461
47,691
Sales of fixed assets and parts to a related company (Note d)
-
652
Expenses:
Container handling charges paid to joint ventures, associated companies
and a related company (Note e)
1,022,289
989,079
Operating lease rentals on premises paid to joint ventures
and related companies (Note e)
12,470
20,437
Trustee-Manager management fees (Note f)
Base fee
22,613
22,167
Divestment fee
-
12,178
Global support services fees to a related company (Note g)
135,680
131,228
Information technology (“IT”) support and maintenance service fees paid
to an associated company and related companies (Note h)
45,239
47,360
Telecommunication charges paid to related companies (Note i)
5,308
5,933
Security guards service fees paid to a related company (Note j)
12,964
12,207
Purchases of fixed assets from related companies (Note k)
3,828
45,247
Notes to the
Financial Statements
OPTIMISING FOR THE FUTURE
110
