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SwissInfo
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CONSOLIDATED FINANCIALSTATEMENTS<br />
BarryCallebaut<br />
Annual Report2010/11<br />
28 Related parties<br />
The following shareholders hold aparticipation of more than 3% of the issued share capital<br />
of the Group’s ultimate parent Barry Callebaut AG:<br />
as of August 31, 2011 2010<br />
Jacobs Holding AG,Zurich,Switzerland 50.11% 50.11%<br />
Renata Jacobs 8.48% 8.48%<br />
Nicolas and Philippe Jacobs 1 5.53% 6.14%<br />
Nathalie Jacobs 3.07% 3.07%<br />
1 Form agroup of shareholders according to Swiss Stock exchange regulations as published<br />
in the Swiss Official Gazette of Commerce of February 4, 2008<br />
Significant transactions and balances between the Group and related parties are asfollows:<br />
in thousands of CHF Nature ofcost/revenue 2010/11 2009/10<br />
Sales to related parties 52 173<br />
PasteleríaTotel, S.L. Revenue from sales and services 52 173<br />
Purchases from related parties (10,415) (11,424)<br />
African Organic Produce AG Cost of goods sold (10,415) (11,424)<br />
Operating expenses charged<br />
by related parties (8,258) (7,692)<br />
Jacobs Holding AG Managementservices (1,716) (1,650)<br />
Adecco Group Human resources services (6,431) (5,940)<br />
Biolands International Ltd Managementservices (11) –<br />
Other (100) (102)<br />
Trade receivables from<br />
related parties – 2<br />
Jacobs Holding AG – 2<br />
Trade payables to related parties 1,845 3,531<br />
Jacobs Holding AG 231 310<br />
Adecco Group 873 1,282<br />
African Organic Produce AG 741 1,882<br />
Other – 57<br />
Transactions with related parties were carried out on commercial terms and conditions at<br />
market prices. All receivables from related parties are non-interest bearing and their<br />
collection is expected within the next twelve months.<br />
125
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