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24 Transactions with related parties

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.