| CHF thousands | ||||||||
|---|---|---|---|---|---|---|---|---|
| Scope of transactions between the Group and related parties | Net revenue | Other income | Energy procure- ment | Other expenses | ||||
| 2011 | 2012 | 2011 | 2012 | 2011 | 2012 | 2011 | 2012 | |
| Canton of Graubünden1) | - | 81 | - | - | - | - | - | - |
| Alpiq Group | 48,984 | 38,682 | 188 | 440 | 90,161 | 95,523 | 364 | 422 |
| Axpo Group | 43,894 | 84,266 | 64 | 105 | 160,076 | 50,285 | 430 | 650 |
| Main shareholders | 92,878 | 123,029 | 252 | 545 | 250,237 | 145,808 | 794 | 1,072 |
| Kraftwerke Hinterrhein AG | 405 | 363 | - | - | 3,982 | 3,992 | 38 | 19 |
| Grischelectra AG | - | - | - | - | 36,820 | 36,492 | - | - |
| AKEB Aktiengesellschaft für Kernenergie-Beteiligungen | - | - | - | - | 16,545 | 16,977 | - | - |
| Rhiienergie AG, Tamins | - | 3,452 | - | - | - | - | - | - |
| EL.IT.E S.p.A. | - | - | - | 256 | 2,354 | 2,293 | - | - |
| SüdWestStrom StadtKraftWerk Brunsbüttel GmbH & Co. KG | - | - | - | - | - | - | - | - |
| Aerochetto S.r.l. | 72 | 73 | - | - | - | - | - | - |
| Associates and partner plants | 477 | 3,888 | - | 256 | 59,701 | 59,754 | 38 | 19 |
| Scope of transactions between the Group and related parties | Receivables as of 31 December | Current liabilities as of 31 December | Other non- current liabilities as of 31 December | Active loans | ||||
|---|---|---|---|---|---|---|---|---|
| 2011 | 2012 | 2011 | 2012 | 2011 | 2012 | 2011 | 2012 | |
| Canton of Graubünden1) | - | - | - | - | - | - | - | - |
| Alpiq Group | 11,044 | 6,559 | 15,064 | 10,408 | - | - | - | - |
| Axpo Group | 7,402 | 13,975 | 8,625 | 7,252 | - | - | - | - |
| Main shareholders | 18,446 | 20,534 | 23,689 | 17,660 | - | - | - | - |
| Kraftwerke Hinterrhein AG | 389 | - | 3,506 | 682 | - | - | - | - |
| Grischelectra AG | - | - | 1,820 | 2,121 | - | - | - | - |
| AKEB Aktiengesellschaft für Kernenergie-Beteiligungen | - | - | - | - | - | - | - | - |
| Rhiienergie AG, Tamins | - | 391 | - | - | - | - | - | - |
| EL.IT.E S.p.A. | 372 | 256 | - | - | - | - | 6,522 | 5,327 |
| SüdWestStrom StadtKraftWerk Brunsbüttel GmbH & Co. KG | - | - | - | - | - | - | - | - |
| Aerochetto S.r.l. | - | - | - | - | - | - | - | - |
| Associates and partner plants | 761 | 647 | 5,326 | 2,803 | - | - | 6,522 | 5,327 |
At 31 December 2012 the positive replacement values of held-for-trading positions in respect of the Alpiq Group amounted to TCHF 3,645 (previous year: TCHF 4,549) and of the Axpo Group TCHF 0 (previous year: TCHF 4,599). At 31 December 2012 the negative replacement values of held-for-trading positions in respect of the Alpiq Group amounted to TCHF 12,596 (previous year: TCHF 7,875) and of the Axpo Group TCHF 363 (previous year: TCHF 6,111).
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.
Members of the Board of Directors and Executive Board
In 2011 and 2012 Repower paid the following compensation to members of the Board of Directors and Executive Board:
| 2011 | 2012 | ||
|---|---|---|---|
| CHF thousands | |||
| Gross salaries (fixed) and compensation | 2,843,959 | 2,987,920 | |
| Gross salaries (variable) | 885,906 | 654,915 | |
| Expenses for retirement provisions and other services | 1,002,967 | 885,419 | |
| Total | 4,732,832 | 4,528,254 |
In the 2012 financial year, payments in kind in the form of car allowances were paid to members of the Executive Board in the amount of TCHF 44 (previous year: TCHF 28). These positions are reported in the category “Gross salaries (fixed) and compensation”.
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.