Condensed Consolidated Interim Financial Statements ... - PrimeTel

Notes to the Condensed Consolidated Financial StatementsUnauditedFor the six month period ended 30 June 201212. Related party transactionsα. Transactions(i) Sales of services1.1.2012-30.06.20121.1.2011-30.06.2011€ €- -To related partiesFrancoudi & Stephanou Limited 9.535 9.559Aeolos Travel 81.374 69.313Velister Limited 30.600 -Teledev East Limited 962 962Aeolos (Cyprus) Travel Limited 8 42Aeolos Swiss (CapoBay) Limited 1.675 15.337Teleset Network Public Company Limited -Francoudi & Stephanou Insurance Ltd 3.210 3.211Hollandia Aviation Ltd 295 260Photos Photiades Limited 69 69Photos Photiades Distributors Limited 106 2.494Photos Photiades Brewery Limited 302 5.716Photos Photiades Group Limited 138 199Lametus Holdings Limited - 18.482Agios Andronikos Development Companies 5.906 4.982134.180 130.626The sales to the subsidiary and to the related companies were made on commercial terms and condtions.(ii) Purchase of products and services1.1.2012-30.06.20121.1.2011-30.06.2011Nature of transactions € €From related partiesTeledev East Limited Rent and electricity 58.434 58.434Photos Photiades Distributors Ltd Drinks 94 76Francoudi & Stephanou Insurance Ltd Insurance 94.696 92.714Francoudi & Stephanou LimitedServices , commonexpenses 219.668 209.391Logica Development Limited Rent 187.372 223.826Lametus Holdings Limited Advisory services 86.700 102.000Aeolos Cyprus Travel Limited Tickets overseas - 18.619Aeolos Travel Rent 3.159 34Aeolos Swiss (Capo Bay) Limited Services 7.224Beluggaweb Limited Services 31.353 -The HNS Property trust Rent 7.494 -Alert Management Services LTD Services 708 -696.902 705.094