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233
Tiger Brands Limited Integrated Annual Report
2014
Annual financial statements
38 Related-party disclosures
continued
Details of material transactions with related parties not disclosed elsewhere in the financial statements
are as follows:
(R’million)
Sales to
related
parties
Purchases
from
related
parties
Amounts
owed
by related
parties
Fees
received
from
related
parties
GROUP
2014
Related party – associates
Oceana Group Limited
–
–
–
0,5
UAC Foods
–
–
18,4
10,1
National Foods Holdings Limited
–
–
–
–
2013 (restated)*
Related party – associates
Oceana Group Limited
–
–
–
–
UAC Foods
–
–
7,1
8,9
National Foods Holdings Limited
–
–
–
–
(R’million)
2014
2013
Other related parties
Key management personnel**
Short-term employee benefits
95,2
81,9
Post-employment and medical benefits
12,8
11,3
Share-based payments
76,9
68,9
Total compensation paid to key management
personnel
184,9
162,1
*
The amounts have been restated due to the adoption of IAS 19R.
*
*
Key management personnel comprises the top tier of the organisation and the managing executives of the individual businesses.