27. Transactions with Closely Associated Persons

CHF millions

31.12.2020

31.12.2019

Pension Funds

 

 

Accounts receivables

–

–

Accounts payables

0.1

0.2

Interest expenses

–

–

Associated Companies

 

 

Accounts receivables

–

–

Accounts payables

0.9

0.8

Capitalised services

–

–

Service income

–

–

Equity income

–

–

Glass cullet purchasing expenses

– 4.2

– 4.0

Maintenance and repairs expenses

– 0.3

– 0.2

Other service expenses

–

–

Equity valuation expenses

–

–

Other Closely Associated Persons

 

 

Accounts receivables

–

–

Accounts payables

3.2

0.2

Investments in tangible assets

2.7

–

Distribution income

–

–

Packaging material expenses

– 0.3

– 0.5

Distribution expenses

–

–

Service expenses

– 0.1

–

Interest expenses

–

–

Tangible assets sales

–

–

The classification of “Other Closely Associated Persons” includes transactions with the following natural persons and legal entities, irrespective of the Vetropack Company in which they occurred: shareholders with voting rights of more than 20%, BoD members, MB members and all companies that are directly or indirectly controlled by these persons.

Transactions with closely associated persons and companies are handled on the basis of normal market terms and conditions.

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