NOTES TO THE FINANCIAL STATEMENTS continued
23. Related party transactions://
2018 $M
2017 $M
Transactions with Entrust Dividends paid
122.0
120.2
2018 $M
2017 $M
Transactions with associates and joint operations Purchases of electricity and steam from KEJV
8.9 9.4 1.7 0.1
7.8 8.3 1.9 0.1 6.8 2.0 0.1
Sale of gas to KEJV
Sales of operations and maintenance services to KEJV Sales of administration and other services to KEJV Purchase of vegetation management services from Tree Scape Limited Dividends received from Tree Scape Limited Directors’ fees received from Tree Scape Limited Transactions with key management personnel Salary and other short-term employee benefits
7.4
–
0.1
5.4 0.9
5.5 0.9
Directors’ fees
Related parties
Related parties of the group include the associates and joint operations disclosed in Note 12, the ultimate parent entity (Entrust) and key management personnel (directors and the executive team).
Other
The group may transact on an arms’ length basis with companies in which directors have a disclosed interest.
2017 $M
2018 $M
Receivables/ (Payables)
Tree Scape Limited
–
(0.7)
KEJV
0.3
0.5
106
Vector://AR 18
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