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6 - Vicat

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OPERATIONS WITH RELATED PARTIES19.2. INTRA-GROUP OPERATIONS1919.1. CONTRACTS AND OPERATIONS WITH RELATED PARTIESParties related to the Group include mainly theCompany’s shareholders, its unconsolidated subsidiaries,companies under joint control (consolidatedcompanies in proportional integration), associatedcompanies (companies accounted for by the equitymethod), and entities on which the Group’s variousmanagers have a significant influence.Transactions with companies that are unconsolidatedor accounted for by the equity method are not significantduring the years in question, and were carriedout under normal market conditions.All these operations were registered in compliancewith the transactions identified in the IAS 24 standardand their incidence on the consolidated accounts ofthe Group for years 2009 and 2008 is as indicatedbelow according to type of related party :2009 2008(in millions of euros) Sales Purchases Receivables Payables Sales Purchases Receivables PayablesAssociated companies 774 1,122 5,857 - 467 - 4,419 -Joint ventures 978 674 93 881 1,591 967 216 841Other related parties 43 2,147 11 497 42 1,539 30 198Total 1,795 3,942 5,961 1,378 2,100 2,506 4,665 1,03919.2. INTRA-GROUP OPERATIONSThe Group’s financial policy leads to a concentrationof the financing lines on the mother company.In addition, the intra-group flows and internal marginshave been eliminated in the Group consolidationoperations.On the basis of the 2009 financial year, the intragrouptransfers of cement rose to € 178 million, trans-fers of aggregates to € 57 million, transport servicesto € 51 million, transfers related to additional services(analyses, pumping, operation of quarries, etc.) to€ 38 million and transfers related to various pooledproducts and services to € 70 million. For the sameperiod, intra-group financial products rose to € 6million.2009 registration document - VICAT 125

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