english - About Heraeus

Precious metal supplies are hedged in part using medium-term to long-term purchase
agreements. The volumes to be purchased can be resold at any time and without incurring
any price risk.
Related party transactions
Persons or enterprises that control the Heraeus Group, or are controlled by it, are regarded
as related enterprises or persons for the purposes of IAS 24 unless they are included
as other related companies in the consolidated financial statements as well as the shareholders
of Heraeus Holding GmbH.
Some of the members of the Supervisory Board of Heraeus Holding GmbH are members
of the supervisory boards or boards of management of other companies with which the
Heraeus Group maintains relations as part of its ordinary business activities. All dealings
with these companies are carried out under the same conditions as are applicable to
third parties.
All business dealings with unrelated companies and associates are transacted under conditions
customary to the market.
The following table shows significant trading relationships between Group parties and
related companies:
Receivables due from Liabilities due to Revenue from
Other purchased goods
and services
in € million 2012 2011 2012 2011 2012 2011 2012 2011
Associates 5.8 5.5 1.5 1.2 30.7 40.9 22.7 95.1
Other related companies 0.6 0.4 – 0.2 2.6 0.8 0.5 –
Total 6.4 5.9 1.5 1.4 33.3 41.7 23.2 95.1
The other purchased goods and services received relate mainly to precious metal trading.
In addition, during the financial year, Heraeus Holding transferred its shares in another
investment at a price customary to the market of € 0.9 million to Einhorn Verwaltungsgesellschaft
mbH.
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