Note 28. Related parties

Related-party transactions

The Group’s sales to associated companies amounted to 5 million SEK (506). The Group’s purchases from associated companies amounted to 5 million SEK (107). Loans to associated companies amounted to 0 million SEK (0). Interest income on loans to associated companies amounted to 0 million SEK (0). Guarantees have been made for the obligations of associated companies in the amount of 0 million SEK (0). All transactions are carried out on market terms.

Sales to Group companies from the Parent Company amounted to 16,966 million SEK (16,157), or 81 percent (80) of total sales. The share of exports was 58 percent (87). The Parent Company’s purchases from Group companies amounted to 1,875 million SEK (1,926), or 11 percent (11) of total purchases. The Parent Company granted no loans to associated companies. Guarantees have been made for obligations of associated companies in the amount of 0 million SEK (0). All transactions are effected on an arm’s length basis.

Transactions with key management personnel

Except as indicated in Note 3.5, Remuneration of the Board of Directors and senior executives, and in the description of the Board of Directors, no transactions took place with persons closely associated with the company.