Note 30 – Related-party transactions
Group
During the year, the Group had transactions with joint venture company ArcelorMittal BE Group SSC AB. See Note 17 for further details.
In other regards, no transactions have taken place between BE Group and related parties that have had a material impact on the Company’s position and results.
See Note 3 for disclosures on remuneration and benefits paid to senior executives and Board members.
Parent Company
The Parent Company has decisive control over its subsidiaries (see Note 16) and has had the following transactions with related parties:
Parent Company´s transactions with subsidiaries | Moderbolagets transaktioner med dotterbolag | 2019 | 2018 |
Sales of services | Försäljning av tjänster | 97 | 108 |
Purchases of services | Inköp av tjänster | -7 | -7 |
Interest income | Ränteintäkter | 17 | 18 |
Interest expense | Räntekostnader | -7 | -7 |
Dividend received (+)/paid (-) | Utdelning erhållen (+)/lämnad (-) | 16 | 26 |
Group contributions received(+)/paid (-) | Koncernbidrag erhållna (+)/lämnade (-) | 7 | 33 |
Claims on related parties on balance day | Fordran på närstående på balansdagen | 271 | 291 |
Debt to related parties on balance day | Skuld till närstående på balansdagen | -124 | -98 |