Getinge 2022 Annual Report
Getinge 2022 Annual Report
NOTE 31
Transactions with related parties
Introduction
Strategy
Corporate Governance
Annual Report
Sustainability Report
Other information
Contents
NOTE 32
Supplementary disclosure to cash flow statement
2022
2021
0
0
5,675
4,075
5,676
4,076
Adjustments for items not included in cash flow, SEK M
2022
2021
Gain(-)/loss(+) from divestment/disposal of non-current assets
11
-85
Changes in provisions, restored(-)/added(+)
Other
Total
601
-56
11
460
Transactions between Getinge AB (publ) and its subsidiaries, which
are related companies to Getinge AB (publ), were eliminated in the
consolidated financial statements. Business terms and conditions
as well as market-regulated pricing apply for delivery of products and
services between Group companies. No Board member or senior
executive has, or has had, any direct or indirect participation in any
business transactions, between themselves and the company, that
are or were non-transparent in nature, regarding the applicable
terms or conditions. In 2018, Board members and the Executive
Team of Getinge AB (publ) acquired synthetic options in Getinge
issued by the company's principal owner Carl Bennet AB. Getinge
was not a party to the transactions and the offering was submitted
on Carl Bennet AB's own initiative, without Getinge's participation.
The options were acquired at a price corresponding to the estimated
market value. In 2022, the program was closed and all synthetic
options were vested.
Following the distribution of Arjo in December 2017, Getinge
carries out normal commercial transactions with Arjo for the sale
and purchase of goods and services. Getinge's receivables from
Arjo amounted to SEK 1 M (0) and liabilities amounted to SEK 3 M
(4) at December 31, 2022.
In addition to the above, there were no significant transactions
with related parties. For remuneration and benefits to senior
executives and Board members, see Note 29.
Cash and cash equivalents, SEK M
Investments
Cash and bank balances
Total
Interest paid and received, SEK M
Interest received
Interest paid
Total
112
2022
2021
51
10
-185
-161
-133
-151View entire presentation