Time Engineering 2009 AR

Page 90

Notes to the Financial Statements (cont’d)

33. Related parties (cont’d) Group

Other key management personnel: - Remuneration - Short-term employee benefits - EPF - Others Total short-term employee benefits

Company

2009 RM’000

2008 RM’000

2009 RM’000

2008 RM’000

2,375

2,566

1,186

1,118

366 521

388 452

175 241

175 218

3,262

3,406

1,602

1,511

4,070

4,392

2,074

2,366

Other key management personnel comprise persons other than the Directors of Group entities, having authority and responsibility for planning, directing and controlling the activities of the entity either directly or indirectly.

In addition to their salaries, the Group also voluntarily provided additional Employees Provident Fund (EPF) contributions over the statutory requirement for a significant number of employees.

34. Comparative figures

The following comparative figures have been reclassified to conform with current year’s presentation: 2008 As previously As restated stated RM’000 RM’000 Group Income statement Cost of sales Sales and marketing expenses Administrative expenses Other operating expenses Company Income statement Other operating expenses Allowance for doubtful debts - subsidiaries

Annual Report 2009

39,542 20,671 8,003 37,936

35,745 20,423 11,800 38,184

8,831 -

7,809 1,022

TIME Engineering Berhad

89


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