CHF thousands | ||||||||
---|---|---|---|---|---|---|---|---|
Scope of transactions between the Group and related parties | Energy sales2) | Other income | Energy procure- ment2) | Other expenses | ||||
2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | |
Canton of Graubünden1) | - | - | - | - | - | - | - | - |
Alpiq Group | 435,070 | 365,415 | - | 188 | 431,260 | 404,314 | - | 364 |
Axpo Group | 395,238 | 312,245 | - | 64 | 396,964 | 426,071 | - | 430 |
Main shareholders | 830,308 | 677,660 | - | 252 | 828,224 | 830,385 | - | 794 |
Kraftwerke Hinterrhein AG | 705 | 405 | - | - | 4,459 | 3,982 | - | 38 |
Grischelectra AG | - | - | - | - | 32,178 | 36,820 | - | - |
AKEB Aktiengesellschaft für Kernenergie-Beteiligungen | - | - | - | - | 16,948 | 16,545 | - | - |
Rhiienergie AG, Tamins | - | - | - | - | - | - | - | - |
EL.IT.E S.p.A. | - | - | - | - | 2,688 | 2,354 | - | - |
SüdWestStrom StadtKraftWerk Brunsbüttel GmbH & Co. KG | - | - | - | - | - | - | - | - |
Aerochetto S.r.l. | - | 72 | - | - | - | - | - | - |
Associates and partner plants | 705 | 477 | - | - | 56,273 | 59,701 | - | 38 |
Scope of transactions between the Group and related parties | Receivables at 31 December | Current liabilities at 31 December | Other non- current liabilities at 31 December | Active loans | ||||
---|---|---|---|---|---|---|---|---|
2010 | 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | 2011 | |
Canton of Graubünden1) | 79 | - | 86 | - | - | - | - | - |
Alpiq Group | 12,836 | 11,044 | 9,460 | 15,064 | 20,956 | - | - | - |
Axpo Group | 6,588 | 7,402 | 2,074 | 8,625 | 12,650 | - | - | - |
Main shareholders | 19,503 | 18,446 | 11,620 | 23,689 | 33,606 | - | - | - |
Kraftwerke Hinterrhein AG | 324 | 389 | 1,668 | 3,506 | - | - | - | - |
Grischelectra AG | - | - | 5,909 | 1,820 | - | - | - | - |
AKEB Aktiengesellschaft für Kernenergie-Beteiligungen | - | - | - | - | - | - | - | - |
Rhiienergie AG, Tamins | - | - | - | - | - | - | - | - |
EL.IT.E S.p.A. | 7,706 | 372 | - | - | - | - | - | 6,552 |
SüdWestStrom StadtKraftWerk Brunsbüttel GmbH & Co. KG | 269 | - | - | - | - | - | - | - |
Aerochetto S.r.l. | 256 | - | - | - | - | - | - | - |
Associates and partner plants | 8,555 | 761 | 7,577 | 5,326 | - | - | - | 6,552 |
On 31 December 2011 the positive replacement values totalled TCHF 4,549 for the Alpiq Group (previous year: TCHF 1,830) and TCHF 4,599 for the Axpo Group (previous year: TCHF 4,062). On 31 December 2011 the negative replacement values totalled TCHF 7,875 for the Alpiq Group (previous year: TCHF 12,851) and TCHF 6,111 for the Axpo Group (previous year: TCHF 654). Transactions with principal shareholders and associates are recorded at market prices. Energy deliveries of partner plants are recognised at annual costs.
1) In its role as shareholder, the canton of Graubünden constitutes a related party. However, acts of jurisdiction (levying of taxes, licence fees, charges, etc.) are carried out on a legal basis and are therefore not recognised under transactions with related parties. Significant energy transactions with the canton of Graubünden are conducted via Grischelectra AG, which is listed above as a related party.
2) The figures stated for energy sales and energy procurement do not necessarily correlate to energy volumes.
Members of the Board of Directors and Executive Board
In 2010 and 2011 Repower paid the following compensation to members of the Board of Directors and Executive Board:
2010 | 2011 | |
---|---|---|
CHF thousands | ||
Gross salaries (fixed) and compensation | 2,950,537 | 2,843,959 |
Gross salaries (variable) | 968,158 | 885,906 |
Expenses for retirement provision and other services | 1,115,820 | 1,002,967 |
Total | 5,034,515 | 4,732,832 |
Additional disclosures on compensation and shareholdings of Group governing bodies in accordance with the Swiss Code of Obligations are provided in the Notes to the financial statements of Repower AG.