| |
|
|
|
|
|
|
|
|
|
| Related party |
|
|
|
|
|
|
|
|
|
| Investment AB Kinnevik (Kinnevik) |
Kinnevik holds shares in Modern Times Group MTG AB. |
| Invik AB (Invik) |
Related parties to MTG held a significant amount of shares in Invik during parts of 2007. |
| Tele2 AB (Tele2) |
Related parties to MTG hold a significant amount of shares in Tele2. |
| Metro International S.A. (Metro) |
Related parties to MTG holds shares in Metro. |
| Millicom International Cellular S.A. (Millicom) |
Related parties to MTG hold a significant amount of shares in Millicom. |
| Transcom WorldWide S.A. (Transcom) |
Related parties to MTG hold a significant amount of shares in Transcom. |
| AVI Audit Value International (Audit Value) |
Related parties to MTG hold a significant amount of shares in Audit Value. |
| CTC Media (CTC) |
MTG holds a significant amount of shares in CTC Media. |
| |
|
|
|
|
|
|
|
|
|
| In August 2007, Invik was acquired by Milestone and therefore ceased to be a related party to MTG. |
| The Group has related party relationship with its subsidiaries, joint ventures and associated companies (see note 12) |
| The transactions between the different parties are based on market prices negotiated on arm's-length basis. |
| Business agreements with related parties |
| The Group sells advertising to Tele2 and Metro. |
| The Group bought treasury functions and financial services from Invik through their subsidiary Banque Invik up until December 2007, and insurances from the subsidiary Moderna Försäkringar. The treasury functions are now part of MTG. |
| The Group rents office space from Kinnevik. |
| The Group purchases credit management services, customer service and telemarketing services from Transcom. |
| The Group purchases tele and data communication services from Tele2 and technical consulting and services through their subsidiary Datametrix, Tele2Vision, offers its customers the MTG TV-channels through their cable network. |
| The Group purchases advertising from Metro. |
| The Group purchases internal audit services from Audit Value. |
| The Group sold programme rights to CTC Media as part of the DTV transaction. |
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
Group |
|
Parent company |
| |
|
|
|
|
2008 |
2007 |
|
2008 |
2007 |
| Revenues |
|
|
|
|
|
|
|
|
|
| Transcom |
|
|
|
|
0 |
0 |
|
|
0 |
| Kinnevik |
|
|
|
|
- |
3 |
|
|
2 |
| Tele2 |
|
|
|
|
77 |
75 |
|
|
0 |
| Metro |
|
|
|
|
6 |
10 |
|
|
0 |
| CTC |
|
|
|
|
49 |
- |
|
|
- |
| Other related companies |
|
|
|
|
9 |
8 |
|
|
- |
| Total revenues |
|
|
|
|
140 |
97 |
|
- |
2 |
| |
|
|
|
|
|
|
|
|
|
| Operating costs |
|
|
|
|
|
|
|
|
|
| Invik |
|
|
|
|
- |
- |
|
|
2 |
| Transcom |
|
|
|
|
179 |
217 |
|
|
0 |
| Kinnevik |
|
|
|
|
3 |
2 |
|
2 |
2 |
| Tele2 |
|
|
|
|
30 |
31 |
|
0 |
4 |
| Metro |
|
|
|
|
13 |
6 |
|
0 |
- |
| Other related companies |
|
|
|
|
29 |
29 |
|
7 |
- |
| Total operating costs |
|
|
|
|
254 |
286 |
|
9 |
8 |
| |
|
|
|
|
|
|
|
|
|
| Accounts receivable |
|
|
|
|
|
|
|
|
|
| Transcom |
|
|
|
|
0 |
0 |
|
|
0 |
| Kinnevik |
|
|
|
|
- |
0 |
|
|
0 |
| Tele2 |
|
|
|
|
8 |
9 |
|
|
0 |
| Metro |
|
|
|
|
2 |
4 |
|
|
0 |
| Other related companies |
|
|
|
|
5 |
3 |
|
|
- |
| Total Accounts receivable |
|
|
|
|
15 |
17 |
|
- |
0 |
| |
|
|
|
|
|
|
|
|
|
| Accounts payable |
|
|
|
|
|
|
|
|
|
| Transcom |
|
|
|
|
17 |
21 |
|
|
- |
| Kinnevik |
|
|
|
|
0 |
12 |
|
|
0 |
| Tele2 |
|
|
|
|
3 |
3 |
|
|
0 |
| Metro |
|
|
|
|
3 |
3 |
|
|
- |
| Other related companies |
|
|
|
|
24 |
48 |
|
|
0 |
| Total Accounts payable |
|
|
|
|
47 |
88 |
|
- |
1 |
| |
|
|
|
|
|
|
|
|
|
| Remuneration of key management personnel |
| Other transactions than reported in note 25 have not been made. |
| |
|
|
|
|
|
|
|
|
|