Group 43: Related party transactions
The transactions with related parties were conducted by the Group companies on the basis of sale/purchase contracts. The prices used in these related party transactions were the market prices of products and services.
Information on earnings
In 2011, the Gorenje Group companies paid to the groups of persons stated below the following gross personal earnings:
| In TEUR | Management Board | Supervisory Board | Employees under individual employment agreements |
|---|---|---|---|
| Salaries | 7.911 | 8.509 | |
| Benefits and other earnings | 895 | 142 | 850 |
| Total | 8.806 | 142 | 9.359 |
No non-current and current loans were granted by the Group companies to the Management Board and Supervisory Board members and internal owners.
In 2010, the Gorenje Group companies paid to the groups of persons stated below the following gross personal earnings:
| In TEUR | Management Board | Supervisory Board | Employees under individual employment agreements |
|---|---|---|---|
| Salaries | 6.985 | 8.488 | |
| Benefits and other earnings | 1.076 | 84 | 805 |
| Total | 8.061 | 84 | 9.293 |