Sandvik logo

P21 Transactions with related parties

Sales to Group companies from the Parent Company amounted to SEK 12,284 million (11,722), or 90 percent (89) of total sales. The share of exports was 58 percent (60). The Parent Company’s purchases from Group companies amounted to SEK 2,044 million (2,234), or 18 percent (20) 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 SEK 0 million (0). All transactions are effected at “arm’s length” basis.

For information regarding employment agreements see note G4.