Related Party Disclosures (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of transactions between related parties [abstract]

Summary of Transactions Between Related Parties

The following table provides the total amount of transactions that are entered into with related parties for the relevant financial years.


		Interest income on net investments in subleases		Revenue from a related party		Acquisition of a subsidiary		Copyright expenses
		RMB’000		RMB’000		RMB’000		RMB’000
Shareholder of the Company	2021		—		—		—		—
	2020		—		—		174,944		—
	2019		—		—		—		—
BMF Culture*	2021		—		—		—		—
	2020		23		—		—		—
	2019		85		349		—		—
Naxos ^	2021		—		—		—		7,743
	2020		—		—		—		—
	2019		—		—		—		—

A director of the Company is the controlling shareholder of Rosenkavalier, the parent company of BMF Culture. BMF Culture became a subsidiary of the Group since February 29, 2020. Further details are disclosed in note 8 to the consolidated financial statements.

Naxos refers to Naxos Global Distribution Limited, Naxos Rights International Limited and their affiliates and subsidiaries, of which a director of the Company is the controlling shareholder.

Outstanding balances at December 31, 2021 and 2020 are unsecured and

interest-free

and repayable on demand. There have been no guarantees provided or received for any related party receivables or

payables


		Net investments in subleases		Due from related parties /shareholders		Due to a related party/ a shareholder
		RMB’000		RMB’000		RMB’000

Shigoo Limited #	2021		—		306		—
	2020		—		663		7,177
Shanghai Xuanshi Culture Communication Co., Ltd. ^	2021		—		—		—
	2020		—		1,100		—
Shareholders of the Company	2021		—		100		325
	2020		—		100		325

#	A director of the Company is the controlling shareholder of Shigoo Limited. The amount due from Shigoo Limited was unsecured, interest-free and repayable on demand, while the amount due to Shigoo Limited was unsecured, interest-free and repayable within one year.

^	A joint venture of the Group. The amount due from the joint venture was unsecured, interest-free and repayable within one year. The carrying amount of RMB2,000,000 was fully impaired during the year ended December 31, 2021.

Summary of Compensation of Key Management Personnel

The following table provides compensation of key management personnel of the Group:


	2021		2020		2019
	RMB’000		RMB’000		RMB’000
Short term employee benefits		7,833		7,875		1,241
Equity-settled share-based payment expenses		30,650		14,269		—
Post employment benefits		518		356		369

Total compensation paid to key management personnel		39,001		22,500		1,610