G29 Transactions with related parties

Related-party transactions

The Group’s sales to associates and joint ventures amounted to SEK 7 million (13). The Group’s purchases from associated companies amounted to SEK 97 million (122). Interest income from associates and joint ventures amounted to SEK 1 million (1) and loan receivables from associates and joint ventures amounted to SEK 85 million (82). Loan payables to associates and joint ventures amounted to SEK 1 million (6). No guarantees have been made for the obligations of associates and joint ventures. All transactions are carried out on market terms.

Transactions with key management personnel

Sandvik did not enter into any significant transactions with Board members or members of Group Executive Management during the year. For information on remuneration, see note G4.