ANNUAL REPORT 2008 | 2009 - SinnerSchrader AG

Consolidated Financial Statements of SinnerSchrader AGNotes798 RelatedParty TransactionsIn the 2008/2009 and 2007/2008 financial years, SinnerSchrader generated revenues of € 10,997,701 and€ 8,441,677, respectively, with companies in a company group in which members of the SinnerSchrader SupervisoryBoard held supervisory board positions. The total of unbilled services and accounts receivable to thesecompanies on 31 August 2009 and 31 August 2008 amounted to € 1,566,983 and € 1,285,836, respectively.The related party transactions were carried out under the usual market conditions.9 MajorEvents after the Balance Sheet DateThere were no major events after the balance sheet date that should be reported.10 SupplementaryInformation Required by the German Commercial Code10.1 ParticipationsSee Annual Financial Statements of SinnerSchrader AG Aktiengesellschaft, Section 5.5, page 94.10.2 Use of Article 264 Para. 3 of the German Commercial CodeSinnerSchrader Deutschland GmbH, Hamburg, made use of the exemption provision in Article 264 para. 3 ofthe German Commercial Code for the Annual Report as of 31 August 2009.10.3 EmployeesIn the 2008/2009 financial year, there were an average of 256 employees in the SinnerSchrader Group, 9 ofwhom were board members or managing directors of the Group companies and 39 trainees, students, andinterns.Without the subsidiary newtention technologies GmbH incorporated in the consolidated accounts since 1December 2008, the average number of employees would be 254. In the previous year, there was an average of197* employees in the Group.10.4 Payment of the Auditors€ 50,000 was spent on the audit of the Annual Financial Statements and Consolidated Financial Statementsof SinnerSchrader AG as of 31 August 2009. The auditor, BDO Deutsche Warentreuhand AktiengesellschaftWirtschaftsprüfungsgesellschaft, did not receive any other remuneration in the 2008/2009 financial year.* Figure was adjusted.