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6 - Vicat

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19 19.1.OPeRATIONS with relatedCONTRACTS AND OPERATIONS WITH RELATED PARTIES19.1. 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 2010 and 2009 is as indicatedbelow according to type of related party :(In thousandsof euros)2010 2009Sales Purchases Receivables Payables Sales Purchases Receivables PayablesAssociatedcompanies 258 1,225 3,940 139 774 1,122 5,857 -Joint ventures 1,099 841 182 681 978 674 93 881Other relatedparties 9 2,246 - 162 43 2,147 11 497Total 1,366 4,312 4,122 982 1,795 3,942 5,961 1,37819.2. 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 2010 financial year, the intragrouptransfers of cement rose to € 196 million, transfersof aggregates to € 67 million, transport servicesto € 70 million, transfers related to additionalservices (analyses, pumping, operation of quarries,etc.) to € 40 million and transfers related to variouspooled products and services to € 72 million. Forthe same period, intra-group financial products roseto € 11 million.122 VICAT 2010 registration document

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