Page 74 - ar2012

70 GoodLand Group Limited
28 Signifcant Related Party Transactions (cont’d)
Remuneration of Key Management Personnel
The remuneration of the directors and senior personnel, who are the key management personnel of the Group
are as follows:
Group
2012
S$
2011
S$
Short-term employee benefts 3,561,522 1,825,242
Contributions to defned contribution plans 189,915 107,579
3,751,437 1,932,821
Comprised amounts paid/payable to:
Directors of the Company * 3,112,022 1,399,620
Other key management personnel 639,415 533,201
3,751,437 1,932,821
* Includes directors’ fees of S$126,000 (2011: S$114,000)
29 Commitments
(a) Purchase of Development Properties for Sale
Group
2012
S$
2011
S$
Purchase of development properties for sale contracted for
but not provided for in the fnancial statements - 8,550,000
(b) Purchase of Property, Plant and Equipment
Group
2012
S$
2011
S$
Purchase of property, plant and equipment contracted for
but not provided for in the fnancial statements 2,745,000 -
(c) Construction of Property
Group
2012
S$
2011
S$
Construction of property, plant and equipment contracted
for but not provided for in the fnancial statements 1,329,395 -
Construction of investment property contracted for but not
provided for in the fnancial statement 1,329,395 -
2,658,790 -
Notes to the Financial Statements
30 September 2012