NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 (CURRENCY – SINGAPORE DOLLARS UNLESS OTHERWISE STATED) F5 Related party information Key management personnel compensation Group 2024 2023 $’000 $’000 Short-term employee benefits 52,671 46,802 Contributions to defined contribution plans 736 687 Share-based payments 14,694 12,261 68,101 59,750 In addition to related party information disclosed elsewhere in the financial statements, the Group has significant transactions with the following related parties on terms agreed between the parties: Group 2024 2023 $’000 $’000 Associates of the Group Sales and services rendered 9,903 9,006 Purchases and services received (116,180) (112,533) Dividend income 39,336 54,340 Joint ventures of the Group Sales and services rendered* 253,532 656,732 Purchases and services received (35,374) (12,901) Dividend income 8,877 1,714 Other related parties** Sales and services rendered 71,477 61,788 Purchases and services received (54,536) (46,515) Rental expense (6,888) (6,899) * Sales and services rendered to joint ventures of the Group include sales of aircraft of $75,162,000 (FY2023: $353,326,000) to Keystone 9 Limited and Juniper Aviation Holdings Limited. ** Other related parties refer to subsidiaries, associates and joint ventures of the immediate holding company. 255 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT
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