Scope of transactions between the Group and related parties
| 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|
| Energy sales | Other income | Energy procurement | Other expenses | |||||
| Canton of Graubünden 1) | 81 | 81 | - | - | - | - | - | - |
| Alpiq Group | 5,123 | 38,682 | 357 | 440 | 22,993 | 95,523 | 37 | 422 |
| Axpo Group | 76,606 | 84,266 | 84 | 105 | 53,478 | 50,285 | 402 | 650 |
| Main shareholders | 81,810 | 123,029 | 441 | 545 | 76,471 | 145,808 | 439 | 1,072 |
| Kraftwerke Hinterrhein AG | 109 | 363 | 26 | - | 3,385 | 3,992 | - | 19 |
| AKEB Aktiengesellschaft für Kernenergie-Beteiligungen | - | - | 8 | - | 16,801 | 16,977 | - | - |
| Rhiienergie AG, Tamins | 3,120 | 3,452 | 4 | - | - | - | 10 | - |
| EL.IT.E S.p.A. | - | - | 258 | 256 | 2,301 | 2,293 | - | |
| Aerochetto S.r.l. | 131 | 73 | 41 | - | - | - | - | |
| Associates and partner plants | 3,360 | 3,888 | 337 | 256 | 22,487 | 23,262 | 10 | 19 |
Scope of transactions between the Group and related parties
| 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|
| Receivables at 31 December | Current liabilities at 31 December | Other non- current liabilities at 31 December | Active loans at 31 December | |||||
| Canton of Graubünden 1) | - | - | - | - | - | - | - | - |
| Alpiq Group | - | 6,559 | - | 10,408 | - | - | - | - |
| Axpo Group | 4,091 | 13,975 | 11,199 | 7,252 | - | - | - | - |
| Main shareholders | 4,091 | 20,534 | 11,199 | 17,660 | - | - | - | - |
| Kraftwerke Hinterrhein AG | 123 | - | 45 | 682 | - | - | - | - |
| AKEB Aktiengesellschaft für Kernenergie-Beteiligungen | - | - | - | - | - | - | - | - |
| Rhiienergie AG, Tamins | 238 | 391 | - | - | - | - | - | - |
| EL.IT.E S.p.A. | 259 | 256 | - | - | - | - | 4,211 | 5,327 |
| Aerochetto S.r.l. | - | - | - | - | - | - | - | - |
| Associates and partner plants | 620 | 647 | 45 | 682 | - | - | 4,211 | 5,327 |
At 31 December 2013 the positive replacement values of held-for-trading positions in respect of the Alpiq Group amounted to TCHF 0 (previous year: TCHF 3,645) and of the Axpo Group TCHF 0 (previous year: TCHF 0). At 31 December 2013 the negative replacement values of held-for-trading positions in respect of the Alpiq Group amounted to TCHF 0 (previous year: TCHF 12,596) and of the Axpo Group TCHF 18,685 (previous year: TCHF 363).
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 recorded under transactions with related parties. Significant energy transactions with the Canton of Graubünden are conducted via Grischelectra AG, which is recognised as a joint arrangement.
Members of the Board of Directors and Executive Board
In 2013 and 2012 Repower paid the following compensation to members of the Board of Directors and Executive Board:
| 2013 | 2012 | |
|---|---|---|
| Gross salaries (fixed) and reimbursements | 2,937,426 | 2,987,920 |
| Gross salaries (variable) | 375,857 | 654,915 |
| Pension funds and other personnel costs | 819,511 | 885,419 |
| Total | 4,132,794 | 4,528,254 |
In the 2013 financial year, payments in kind for car allowances were paid to members of the Executive Board in the amount of TCHF 57 (previous year: TCHF 44). 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.