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PARENT COMPANY FINANCIAL STATEMENTS • 135
RELATED PARTIES
In addition to the related parties disclosed in note 5.3 to
the consolidated financial statements, related parties of
PANDORA A/S include the subsidiaries listed in the Group
structure in note 5.5 to the consolidated financial statements.
Subsidiaries
DKK million
2016
2015
Income statement:
Sales to related parties
11,750
10,821
Purchases from related parties
-5,975
-5,085
Dividend
871
1,490
Finance income
61
66
Finance costs
-5
-5
Total
6,702
7,287
Balance sheet:
Receivables
3,260
3,454
Payables
-2,968
-2,958
Total
292
496
FEES TO INDEPENDENT AUDITOR
DKK million
2016
2015
Fee for statutory audit
2
1
Tax consultancy
2
-
Other services
2
1
Total fees to independent auditor
6
2
The costs are recognised in the income statement as an administrative expense.
The table below shows transactions entered into with
related parties.
5.2
5.3
NOTES FOR THE
PARENT COMPANY