Values

Company | Group Management Group Financial | Corporate Governance | Report of the | Boards/Mandates | Additional Information
Report Statements Supervisory
Board
Income Statement
Statement of Comprehensive Income
Balance Sheet
Cash Flow Statement
Statement of Changes in Equity
Notes
30 Relationships with Related Parties
For the Bertelsmann Group, related parties as defi ned in IAS 24
are those persons and entities that control or exercise a signifi -
cant infl uence over the Bertelsmann Group, as well as those
persons and entities controlled by the Bertelsmann Group or
over which it exercises a signifi cant infl uence. Accordingly, the
members of the Mohn family, the entities that are controlled
or signifi cantly infl uenced by the Mohn family, the members
of the Executive Board and Supervisory Board of Bertelsmann AG
and the joint ventures and associates forming part of the
Bertelsmann Group are defi ned as related parties.
Bertelsmann Verwaltungsgesellschaft mbH, Gütersloh, a
non-operating holding company, exercises control over the
Bertelsmann Annual Report 2009
Bertelsmann Group. Johannes Mohn GmbH, Bertelsmann
Beteiligungs GmbH, Reinhard Mohn Verwaltungsgesellschaft
mbH and Mohn Beteiligungs GmbH have informed Bertelsmann
AG that they each own more than one quarter of its share
capital. For purposes of determining ownership, indirect as well
as direct shares have been considered.
Transactions with material subsidiaries are eliminated in
the course of consolidation and are not discussed in further
detail in these notes. In addition to transactions with material
subsidiaries, the following transactions with related persons
and entities were conducted in the year under review:
Shareholders Key members of Joint ventures Associated Other related
with joint control
or signifi cant
management
companies
parties
in € millions
Income statement
2009
infl uence
Revenues – – 35 53 –
Other operating income – – 4 – 8
Cost of materials – – (16) (2) –
Personnel costs – (14) – – –
Other operating expenses – – (3) (1) –
Financial result
2008
– (1) 1 – –
Revenues – – 94 68 6
Other operating income 1 – 8 – –
Cost of materials – – (16) (5) –
Personnel costs (1) (26) – – –
Other operating expenses – – (5) (1) –
Financial result
Balance sheet
2009
– (1) 1 – –
Other fi nancial assets – – 6 12 –
Accounts receivable – – 11 36 –
Provisions for pensions – 10 – – 5
Liabilities
2008
– – 13 33 –
Other fi nancial assets – – 9 10 –
Accounts receivable – – 15 36 4
Provisions for pensions – 9 – – 5
Liabilities – – 5 26 –
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