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2010 REGISTRATION DOCUMENT (3.4 Mo) - Groupe Casino

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3CONSOLIDATED FINANCIAL STATEMENTSNotes to the consolidated fi nancial statementsNote 34.1. Related party transactions<strong>2010</strong> 2009€ millionsTransactions Balances Transactions BalancesTransactions with joint venturesLoans - 4 - 4Receivables 9 92 9 81Payables 3 89 3 86Expense 56 - 44 -Income 45 - 51 -Transactions with associatesLoans 5 44 39 39Receivables - - (1) -Payables - - - -Expense 28 - 22 -Income 5 - 1 -Note 34.2. Gross remuneration and benefits of the membersof the Executive Committee and the Board of Directors€ millions <strong>2010</strong> 2009Short-term benefits excluding payroll taxes(1)7 7Payroll taxes on short-term benefits 2 2Termination benefits - 1Share-based payments(2)3 2TOTAL 12 12(1) Gross salaries, bonuses, discretionary and statutory profi t-sharing, benefi ts in kind and directors’ fees.(2) Expense recognised in the income statement in respect of stock option and share grant plans.The members of the Group Executive Committee are not entitled to any specific pension benefit.NOTE 35. SUBSEQUENT EVENTSBig C’s acquisition of Carrefour’s ThaioperationsFollowing the agreement signed with Carrefour in November <strong>2010</strong>,<strong>Casino</strong>’s Thai subsidiary Big C acquired Carrefour’s Thai operationson 7 January 2011 for a total consideration of €851 million.These operations comprise a portfolio of 42 stores, including 34hypermarkets, as well as 37 shopping malls.<strong>Casino</strong> acquires Charle brothers’ stakein CdiscountOn 6 January 2011, <strong>Groupe</strong> <strong>Casino</strong> acquired the remaining 18.6%of Cdiscount owned by the Charle brothers. The Group now owns99.6% of Cdiscount.122 <strong>Casino</strong> Group | Registration Document <strong>2010</strong>

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