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Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202468Significant transactions for the years ended 31 December 2024 and 2023 with related parties were as follows:Financial statements in which the equity method is applied and separate financial statements2024 2023(in thousand Baht)Revenues from related parties (Including gains (losses) from cross currency swap contracts)Parents 118,857 (174,045)Subsidiary and associates 23,568 10,966Companies in Kasikornbank Group 199,630 166,441Other related parties 62,762 29,161Key management personnel 29,294 34,533 Expenses with related parties Parents 6,694,755 5,418,030Subsidiary and associates 7,513 1,398Companies in Kasikornbank Group 495,146 594,389Other related parties 135,253 153,526Key management personnel 38,759 23,885Key management and director compensation Short-term employee benefits and directors%u2019 remuneration 380,867 357,726Post-employment benefit 12,797 12,341Total 393,664 370,067 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202468Significant transactions for the years ended 31 December 2024 and 2023 with related parties were as follows:Financial statements in which the equity method is applied and separate financial statements2024 2023(in thousand Baht)Revenues from related parties (Including gains (losses) from cross currency swap contracts)Parents 118,857 (174,045)Subsidiary and associates 23,568 10,966Companies in Kasikornbank Group 199,630 166,441Other related parties 62,762 29,161Key management personnel 29,294 34,533 Expenses with related parties Parents 6,694,755 5,418,030Subsidiary and associates 7,513 1,398Companies in Kasikornbank Group 495,146 594,389Other related parties 135,253 153,526Key management personnel 38,759 23,885Key management and director compensation Short-term employee benefits and directors%u2019 remuneration 380,867 357,726Post-employment benefit 12,797 12,341Total 393,664 370,067 Muang Thai Life Assurance Public Company LimitedNotes to the financial statements for the year ended 31 December 2024Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202468Significant transactions for the years ended 31 December 2024 and 2023 with related parties were as follows:Financial statements in which the equity method is applied and separate financial statements2024 2023(in thousand Baht)Revenues from related parties (Including gains (losses) from cross currency swap contracts)Parents 118,857 (174,045)Subsidiary and associates 23,568 10,966Companies in Kasikornbank Group 199,630 166,441Other related parties 62,762 29,161Key management personnel 29,294 34,533 Expenses with related parties Parents 6,694,755 5,418,030Subsidiary and associates 7,513 1,398Companies in Kasikornbank Group 495,146 594,389Other related parties 135,253 153,526Key management personnel 38,759 23,885Key management and director compensation Short-term employee benefits and directors%u2019 remuneration 380,867 357,726Post-employment benefit 12,797 12,341Total 393,664 370,067 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202468Significant transactions for the years ended 31 December 2024 and 2023 with related parties were as follows:Financial statements in which the equity method is applied and separate financial statements2024 2023(in thousand Baht)Revenues from related parties (Including gains (losses) from cross currency swap contracts)Parents 118,857 (174,045)Subsidiary and associates 23,568 10,966Companies in Kasikornbank Group 199,630 166,441Other related parties 62,762 29,161Key management personnel 29,294 34,533 Expenses with related parties Parents 6,694,755 5,418,030Subsidiary and associates 7,513 1,398Companies in Kasikornbank Group 495,146 594,389Other related parties 135,253 153,526Key management personnel 38,759 23,885Key management and director compensation Short-term employee benefits and directors%u2019 remuneration 380,867 357,726Post-employment benefit 12,797 12,341Total 393,664 370,067 Financial statements in which the equity methodis applied and separate financial statements2024 2023(in thousand Baht)Annual Report 2024 I Muang Thai Life Assurance PCL 201