ACCOUNTABILITY 254 YINSON HOLDINGS BERHAD 40. SIGNIFICANT RELATED PARTY DISCLOSURES 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 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. (a) Significant related party transactions In addition to the related party information disclosed elsewhere in the financial statements, the following significant transactions between the Group and related parties took place at terms agreed between the parties during the financial year: Group Company 2026 RM million 2025 RM million 2026 RM million 2025 RM million Related companies controlled by certain directors: - disposal of OSV business (Note 50(i)) - 181 - - - purchase of vehicles - (2) - - - service fee income - 1 - - - service fee charges (1) (2) - - - lease expenses (1) - - - Joint ventures and associates: - loan (19) (35) - - Joint ventures: - dividend income 280 34 - - - interest income - 1 - - Associates: - dividend income 4 - - - - interest income 1 3 - - Subsidiaries: - advances received - - 312 214 - repayment of advances paid - - 178 116 - repayment of advances received - - - 74 - management fee income - - 30 33 - dividend income - - 726 367 (b) Related party balances Related party balances have been disclosed in Notes 25 and 36 to the financial statements.
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