NOTES TO FINANCIAL STATEMENTS
30 June 2016
Karin Technology Holdings Limited
Annual Report 2016
114
34. RELATED PARTY DISCLOSURES
(continued)
(c)
COMPENSATION OF KEY MANAGEMENT PERSONNEL (INCLUDING DIRECTORS’ REMUNERATION
AS DISCLOSED IN (b) ABOVE) OF THE GROUP
2016
2015
HK$’000
HK$’000
Short term employee benefits
15,615
16,317
Post-employment benefits
163
180
Treasury shares awarded
989
–
Total compensation paid to key management personnel
16,767
16,497
Other than the foregoing, there were no principal interested party relationships where control over financial
and operating policies existed as at the end of the reporting period.
In the opinion of the directors, the above related party transactions were entered into in the ordinary
course of the Group’s business and were in accordance with the terms of arrangements governing the
transactions.
35. FINANCIAL INSTRUMENTS BY CATEGORY
The carrying amounts of each of the categories of financial instruments as at the end of the reporting period
are as follows:
AT 30 JUNE 2016
Group
Company
Financial
assets at fair
value through Loans and
Loans and
profit or loss
receivables
Total
receivables
HK$’000
HK$’000
HK$’000
HK$’000
Financial assets
Trade and bills receivables
–
379,188
379,188
–
Factored trade receivables
–
4,416
4,416
–
Financial asset at fair value through
profit or loss
2,401
–
2,401
–
Financial assets included in
prepayments, deposits and
other receivables
–
26,056
26,056
–
Forward currency contracts
347
–
347
–
Amounts due from subsidiaries
–
–
–
48,755
Cash and cash equivalents
–
34,148
34,148
1,322
2,748
443,808
446,556
50,077
