annual report 2008 Pelikan Holding AG

Pelikan Group
27. Other financial commitments
CHF (000) 2008 2007
at nominal values
Leasing and rent commitments
- due next year 4,360 4,612
- due within 2-5 years 4,742 8,802
- due after 5 years 6 164
Total 9,108 13,578
The rental periods for land and buildings extend up to the year 2013.
As of December 31, 2008, capital commitment authorised and contracted for amounted to CHF 0.8 million
(2007: CHF 0.9 million).
28. Related party transactions
Besides the transactions with related parties which are separately disclosed in the Notes, the other related
party transactions are as follows:
CHF (000) 2008 2007
Income
License fees, commissions and other operating income 794 706
During the year, the Group purchased Hardcopy products (ie. printer cartridges and consumables) from Pelikan
Hardcopy Production AG, a wholly owned subsidiary of its parent company, Pelikan International Corporation
Berhad, amounting to CHF 67.3 million (2007: CHF 36.4 million). The Group had also acquired Hardcopy
businesses from Pelikan Hardcopy Production AG for a total consideration of CHF 1.3 million (2007: CHF 2.5
million).
29. Events after the balance sheet date
(a) These consolidated financial statements were approved by the Board of Directors on 29 April 2009. No
significant events have occurred since the balance sheet date and up to 29 April 2009, which could have an
impact on these consolidated financial statements or which are required to be disclosed.
(b) On 13 January 2009, the Group via Productos Pelikan S.A. de C.V., acquired a further 80.5% equity interest
in Indistri S.A., Colombia (“Indistri”) representing 5,836,933,444 shares of Colombian Peso ("COP") 1 each
for a total consideration of CHF 4,895,575 .The Group's effective interest in Indistri has increased to 59.7%
immediately after acquisition. The principal activities of Indistri are the manufacturing and distribution of
office, schools and stationery supplies.
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