337
Transactions between Prysmian S.p.A. and its subsidiaries
mainly refer to:
• services (technical, organisational and general) provided by
head office to subsidiaries;
• financial relations maintained by the Parent Company on
behalf of, and with, Group companies.
All the above transactions fall within the ordinary course of
business of the Parent Company and its subsidiaries.
Related party transactions also include key management
compensation.
The following tables summarise related party transactions in the year ended 31 December 2012:
23. RELATED PARTY TRANSACTIONS
(in thousands of Euro)
31 December 2012
Investments in
Trade and
Trade and
Employee
Tax payables
subsidiaries
other
other
benefit
receivables
payables
obligations
Subsidiaries
1,660,977
357,404
12,687
-
75
Other related parties:
Compensation of directors, statutory
auditors and key management personnel
-
-
4,550
5,472
-
Total
1,660,977
357,404
17,237
5,472
75
(in thousands of Euro)
31 December 2011
Investments in
Trade and
Trade and
Employee
Tax payables
subsidiaries
other
other
benefit
receivables
payables
obligations
Subsidiaries
1,397,156
250,063
1,912
-
-
Other related parties:
Compensation of directors, statutory
auditors and key management personnel
-
-
4,207
1,629
Total
1,397,156
250,063
6,119
1,629
-
