DESTINI AR 2017

37. Reconciliation of Liabilities Arising from Financing Activities The table below details changes in the liabilities of the Group and of the Company arising from financing activities, including both cash and non-cash changes: Non-cash changes At Foreign New At 1 January Financing Acquisition of Disposal of exchange finance 31 December 2017 cash flows subsidiaries a subsidiary adjustments lease 2017 Group RM RM RM RM RM RM RM Amount due to a Director - 1,500,000 - - - - 1,500,000 Term loans 80,641,941 76,522,992 - - (262,838) - 156,902,095 Trust receipts 1,401,170 17,351,480 - - (71,949) - 18,680,701 Finance lease liabilities 2,674,484 (727,028) 201,630 (94,736) - 410,500 2,464,850 84,717,595 94,647,444 201,630 (94,736) (334,787) 410,500 179,547,646 At At 1 January Financing 31 December 2017 cash flows 2017 Company RM RM RM Term loans 62,339,169 (4,391,507) 57,947,662 Finance lease liabilities 24,033 (13,333) 10,700 62,363,202 (4,404,840) 57,958,362 38. Related Party Disclosures (a) Identifying related parties For the purposes of these financial statements, parties are considered to be related to the Group if the Group or the Company has the ability, directly or indirectly, to control or joint control the party or exercise significant influence over the party in making financial and operating decisions, or vice versa, or where the Group or the Company and the party are subject to common control or common significant influence. Related parties may be individuals or other entities. Related parties also include key management personnel defined as those persons having authority and responsibility for planning, directing and controlling the activities of the Group either directly or indirectly. The key management personnel include all the Directors of the Group and certain members of senior management and chief executive officers of major subsidiaries of the Group. 157 DESTINI BERHAD Annual Report 2017