40
Related Party transactions
The related party transactions mentioned below are on a pure commercial basis. The Group or any of its
related parties has not entered in any transactions that were not in an arm’s length basis, and do not intent
to participate in such transactions in the future. No transaction had any special terms and there were no
guarantees given or received.
In the tables below presented the intercompany transactions and balances between the Company, its
subsidiaries and the BoD members for the fiscal year 2012 and the intercompany balances at 31.12.2012:
