to download the 2012 registration document. - Groupe M6

2012 FINANCIAL STATEMENTS AND RELATED NOTESThis movement was primarily due to the decline of €23.7 million in commitments relating to thedistribution of Group channels as contracts are executed.30. Related parties30.1. Identification of related partiesRelated parties to the Group comprise unconsolidated companies, jointly controlled companies andassociates, RTL Group – 48.46% Group shareholder, Bertelsmann AG - RTL shareholder, executiveofficers and members of the Supervisory Board.30.2. Transactions with shareholdersLOANS TO SHAREHOLDERSAccording to a treasury management agreement concluded between Bayard d’Antin SA and MétropoleTélévision, first implemented on 1 December 2005, Métropole Télévision may deposit surplus cash withBayard d’Antin either on a day to day basis, or by depositing part of it for a period not exceeding 3months. The remuneration provided by this agreement is in line with the market. M6 also retains theoption of borrowing funds from Bayard d’Antin, as long as the amount borrowed does not exceed 48%of that borrowed from banking institutions for periods ranging from 1 week to 3 months; the terms andconditions being consistent with those of the market.The renewal of this agreement for a further period of 12 months was authorised by the Supervisory Boardon 6 November 2012.In order to adhere to the cash depositing policy of Métropole Télévision (described in Note 22.3), thedeposit with Bayard d’Antin may not exceed a given ratio of the cash resources of the MétropoleTélévision Group.At 31 December 2012, the current account between M6 and Bayard d’Antin was nil.CURRENT TRANSACTIONS2012 2011RTL GroupBERTELSMANN(excl. RTLGroup)RTL GroupBERTELSMANN(excl. RTLGroup)Sales of goods and services 6.1 - 4.4 0.1Purchases of goods and services (19.9) (0.9) (24.0) (0.7)Sales and purchase transactions with shareholders have been conducted at arms’ length. Purchasesprimarily include the purchase of programmes from production companies of the RTL Group.The outstanding balances arising from these sales and purchases are the following:2012 2011RTL GroupBERTELSMANN(excl. RTL Group)RTL GroupBERTELSMANN(excl. RTL Group)Receivables 7.3 - 8.1 0.1Liabilities 7.5 0.2 7.3 0.4M6 GROUP - 2012 REGISTRATION DOCUMENT - 207