Annual Report 2019

Explanatory Notes 30 SEPTEMBER 2019 39. RELATED PARTY TRANSACTIONS (a) During the year the Group transacted with related parties. Transactions which are not dealt with elsewhere in the financial statements are as follows: GROUP COMPANY Sep-19 Sep-18 Sep-19 Sep-18 MUR m MUR m MUR m MUR m Interest income and other income Subsidiaries - - 87.8 121.8 Purchase of goods & services from Companies with common shareholders 8.0 18.0 0.2 0.1 Purchase of plant and equipment Companies with common shareholders 70.5 - - - Dividend income Subsidiaries - - 301.0 65.0 Associates 10.9 - 10.9 - Financial charges Subsidiaries - - 6.6 3.3 Loans payable to Subsidiaries - - 170.0 107.0 Loans and leases receivable from Companies with common shareholders - 111.5 - - Subsidiaries - - 2,991.9 1,105.5 Amount owed by Companies with common shareholders 120.6 0.6 33.5 - Subsidiaries - - 166.9 780.8 Amount owed to Companies with common shareholders 63.6 - - - Subsidiaries - - - 23.8 Remuneration of key management personnel Short term employee benefit 179.7 121.7 6.2 6.8 Long term employee benefit 7.3 7.0 - - Post employment benefit - 15.8 - - CIM FINANCIAL SERVICES LTD / ANNUAL REPORT 2019 150