Related party disclosures (Tables)

12 Months Ended

Dec. 31, 2017

Significant Transactions with Related Parties

The following provides the significant transactions that have been entered into with related parties for the relevant financial year.


	31.12.2015		31.12.2016		31.12.2017		31.12.2017
	RMB’000		RMB’000		RMB’000		US$’000

Sales
- Materials/engines to State Holding Company, its subsidiaries and affiliates		516,679		447,509		455,061		71,896
- Hospitality and restaurant service charged to State Holding Company, its subsidiaries and affiliates		3,247		4,761		4,454		704
- Diesel engines and materials to associates and joint ventures		156,444		219,724		412,591		65,186
Purchase
- Purchase of materials and supplies from subsidiaries and affiliates of State Holding Company		1,181,852		1,028,358		1,221,421		192,976
- Materials and supplies/engines from associates and joint ventures		90,354		308,610		914,211		144,439
Others
- Delivery expense charged by subsidiaries of State Holding Company		164,690		143,077		192,399		30,398
- Storage, distribution and handling expenses charged by a subsidiary of State Holding Company		30,462		50,181		18,007		2,845
- Property management service charged by an associate/ a subsidiary of SHC⁽ⁱⁱ⁾		23,359		20,976		22,212		3,509
- Leasing expenses charged by State Holding Company		12,951		4,715		8,676		1,371
- Consultancy fees charged by State Holding Company		—		10,026		12,264		1,938
- General and administrative expenses charged by State Holding Company		3,141		4,283		7,951		1,256
- General and administrative expenses charged by affiliates of HLA		6,271		6,887		6,913		1,092
- Charged by joint ventures for service provided		—		2,121		2,543		402
- Charged to subsidiaries of State Holding Company for service provided		—		8,873		21,274		3,361
- Charged to a joint venture for service provided		—		—		14,241		2,250
- Rental income charged to State Holding Company and its subsidiaries		619		5,454		4,483		708
- Purchases of vehicles/machineries from State Holding Company and its subsidiary		1,963		—		52,443		8,286
- Purchases of additional shareholding in a subsidiary from State Holding Company ⁽ⁱ⁾		4,170		—		1,335		211
- Disposal of shareholding in an associate to State Holding Company ⁽ⁱⁱ⁾		—		—		1,833		290
- Sales of an intangible asset to a joint venture		—		—		220,000		34,758

Note:

⁽ⁱ⁾

In October 2015, Yuchai acquired 2.86% of equity interest in YEMC from State Holding Company with a purchase consideration of RMB 4.2 million.

In June 2017, GYAMC acquired 25% of equity interest in Crankshaft from State Holding Company with a purchase consideration of RMB 1.3 million (US$0.2 million).

⁽ⁱⁱ⁾

In August 2017, YEMC disposed its 30% equity interest in Property Management to State Holding Company for a consideration of RMB 1.9 million (US$0.3 million).

Compensation of Key Management Personnel

Compensation of key management personnel of the Group


	31.12.2015		31.12.2016		31.12.2017		31.12.2017
	RMB’000		RMB’000		RMB’000		US$’000

Short-term employee benefits		27,331		31,975		40,831		6,451
Contribution to defined contribution plans		305		415		385		61
Cost of share-based payment		8,477		4,387		1,294		204

		36,113		36,777		42,510		6,716