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52
financial statements 2011
33. Related party transactions
The Group’s related parties include the parent company, subsidiaries and associate companies. Members of
the company’s management are also considered to be related parties (members of the Board and the Group
Management Team).
The Group’s parent company and subsidiary relationships are as follows
Sub-group’s
Group’s
Yhtiö
Parent company’s
parent company’s
holding and
holding %
holding %
% of votes
Parent company Edita Plc, Helsinki, Finland
Edita Prima Oy, Helsinki, Finland
100%
100%
Edita Publishing Oy, Helsinki, Finland
100%
100%
Citat Oy, Helsinki, Finland
100%
100%
AP-Paino Oy, Helsinki, Finland
100%
100%
Kiinteistö Oy Vantaan Hakamäenkuja, Vantaa, Finland
100%
100%
Edita Västra Aros ab*, Stockholm, Sweden
100%
100%
Arkpressen i Västerås ab, Västerås, Sweden
100%
100%
Kampanjfabriken ab, Stockholm, Sweden
100%
100%
Edita Sweden ab*, Stockholm, Sweden
100%
100%
Citat ab, Stockholm, Sweden
100%
100%
Mods Graphic Studio ab, Stockholm, Sweden
100%
100%
Citat Communication Management Ltd., London, UK
100%
100%
Citat Robot ab, Stockholm, Sweden
100%
100%
JG Communication ab, Stockholm, Sweden
100%
100%
Journalistgruppen, jg ab, Stockholm, Sweden
100%
100%
Citat Ukraine llc, Kharkov, Ukraine
90%
90%
*Sub-Group’s parent company
Sales of goods and services conducted with a related party are based on market prices.
A list of the associates is presented in Note 16.
Related party transactions with associated companies:
eur 1000
2011
2010
Sales of goods and services
128
137
Purchases of goods and services
239
400
Sales receivables, loan receivables and other receivables
42
15
Accounts payable
14
27
Employee benefits of management
More information on members of the Group Management Team and members of the Board of Directors can be
found in the Annual Report’s business operations review.