169 / 188
165
NOTES TO THE FINANCIAL STATEMENTS
F i m a C o r p o r at i o n B e r h a d ( 2 1 1 8 5 - P ) •
A n n u a l R e p o r t 2 0 1 8
33. RELATED PARTY DISCLOSURES (CONT’D.)
(b) Compensation of Key Management Personnel
Key management personnel are those persons having authority and responsibility for planning, directing and controlling
the activities, directly or indirectly, including the directors (whether executive or otherwise).
The key management personnel compensation is as follows:
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
Short-term employee benefits
3,772
3,332
1,238
1,084
Post-employment benefits:
Defined contribution plan
624
550
160
139
Other benefits
82
302
50
71
4,478
4,184
1,448
1,294
Included in the total key management personnel above are the remuneration in respect of the directors of the Company
and directors of subsidiaries:
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
Directors remuneration:
Directors of the Company (Note 8)
2,179
1,742
1,132
927
Directors of subsdiaries
2,429
2,524
-
-
34. SEGMENTAL INFORMATION
(a) Business Segments:
The Group’s major business segments are:
(i)
Production and trading - Production and trading of security and confidential documents.
(ii)
Oil palm production and processing.
(iii)
Investment holding and property management - Investment holding, rental and management of commercial properties.
The directors are of the opinion that all inter-segment transactions have been entered into in the normal course of business
and have been established on terms and conditions that are not materially different from those obtainable in transactions with
unrelated parties.
(b) Geographical Segments
The Group’s geographical segments are based on the location of the Group’s assets. Sales to external customers disclosed
in geographical segments are based on the geographical location of its customers. The Group’s three business segments
predominately operate in two separate geographical areas:
(i)
Malaysia - the operations in this area are principally printing and trading of security and confidential documents, property
management and investment holding.
(ii)
Indonesia - Oil palm production and processing.