SECTION 1 -

Note 30. Related Party Transactions
For the purpose of applying IAS 24, the Group has identified the following related parties:
- All fully or proportionally combined companies.
- All members of the Executive Committee and the members of their direct families.
- All companies in which a member of the Executive Committee holds material voting rights.
- Accor SA.
New Services: Historical Combined Financial Statements and Notes
December, 31, 2009
All fully or proportionally combined companies.
Relations between the parent company and its subsidiaries and joint ventures are presented in Note 34. Transactions between
the parent company and its subsidiaries ‐ which constitute related party transactions ‐ are eliminated in combination and are
therefore not disclosed in these notes. Transactions between the parent company and its joint ventures were not material in the
periods presented.
Members of the Executive Committee
Transactions with members of the Executive Committee are disclosed in full in Note 31.
Companies in which a member of the Executive Committee of New Services holds material voting rights
All transactions with companies in which a member of the Executive Committee holds material voting rights represent
transactions carried out in the normal course of business on arm's length terms.
Accor
Transactions with Accor during each of the three years presented were as follows:
(in € millions)
Transaction amount
Receivables
Off-balance sheet
commitments
Type of transaction 2007 2008 2009 2007 2008 2009 2007 2008 2009 2007 2008 2009
Accor Inter-entity billings (29) (25) (20) 8 10 2 21 39 55 - - -
Payables
Loans (7) (8) (10) 1 212 1 338 1 043 134 453 631 - - -
230