Investor Presentaiton
134
A.P. Møller-Mærsk A/S Annual Report 2020
Financials
Parent company financial statements
Notes index
Note 18 Related parties
Table 18.1
Continuing operations
Income statement
Revenue
Operating costs
Remuneration to management
Dividends
Financial income
Financial expenses
Assets
Interest-bearing receivables,
non-current
Controlling parties
2020
Subsidiaries
Associated companies
Joint ventures
Management¹
2019
2020
2019
2020
2019
2020
2019
2020
2019
17
18
11
12
413
305
59
12
895
1,151
2
169
141
Derivatives, non-current
15,044
7,913
4
Other receivables, non-current
25
27
Trade receivables
Interest-bearing receivables, current
3
2,121
8
12,804
Derivatives, current
19
24
Other receivables, current
49
5
249
286
Cash and bank balances
487
644
Liabilities
Interest-bearing debt, non-current
Derivatives, non-current
Interest-bearing debt, current
Trade payables
Derivatives, current
Other liabilities, current
Sale of companies, property,
plant and equipment
Capital increases and purchase
of shares
Return of capital
44
4
33
3156
13
6
1
9,078
5,031
23
20
107
35
15
15
10
4,565
850
5,780
I
I
4
1
14
19
Amounts in USD million
==
15
Table 18.1
Joint usage agreement with A.P. Moller Holding A/S
With the objective of further strengthening the value of
the brands, A.P. Moller - Mærsk A/S entered into a joint
usage agreement with A.P. Møller Holding A/S in 2018
regarding the use of commonly used trademarks which
historically have benefited both A.P. Møller-Mærsk A/S
and A.P. Møller Holding A/S. A.P. Møller Holding A/S is the
controlling shareholder of A.P. Møller-Mærsk A/S, and is
wholly owned by A.P. Møller og Hustru Chastine Mc-Kinney
Møllers Fond til almene Formaal. The joint usage agree-
ment establishes a framework and a branding strategy for
the commonly used trademarks and a joint brand board,
where the parties can cooperate regarding the use of
these trademarks.
Share buy-back programme
According to separate agreement, A.P. Møller Holding A/S
participates on a pro rata basis to the shares purchased in
the company's share buy-back programme.
A.P. Møller Holding A/S, Copenhagen, Denmark, has control
over the company and prepares consolidated financial
statements. A.P. Møller og Hustru Chastine Mc-Kinney
Møllers Fond til almene Formaal is the ultimate owner.
Dividends distributed are not included.
1 The Board of Directors and the Executive Board
in A.P. Møller-Mærsk A/S, A.P. Møller Holding A/S,
A.P. Møller og Hustru Chastine Mc-Kinney Møllers
Fond til almene Formaal and their close relatives
(including undertakings under their significant
influence).View entire presentation