Sampo Group’s Online Annual Report 2012 and Sampo’s video ‘25 Years as a Listed Company’ have been granted the international Red Dot Communication Design 2013 Awards.

Red Dot design award winner 2013

Notes to the Group’s financial statements

35 Related party disclosures
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Key management personnel
         
The key management personnel in Sampo Group consists of the members of the Board of Directors of Sampo plc and Sampo Group’s Executive Committee.
         
Key management compensation
         
EURm     2012 2011
Short-term employee benefits   6 6
Post employment benefits   3 2
Other long-term benefits   6 3
Total   16 10
         
Short-term employee benefits comprise salaries and other short-terms benefits, including profit-sharing bonuses accounted for for the year, and social security costs.
         
Post employment benefits include pension benefits under the Employees’ Pensions Act (TEL) in Finland and voluntary supplementary pension benefits.
         
Other long-term benefits consist of the benefits under long-term incentive schemes accounted for for the year (see Note 36).
         
Related party transactions of the key management
         
The related party transactions of the key management are not material nor does the key management have any loans from the Group companies.
         
Associates
         
Outstanding balances with related parties/Associate Nordea
         
EURm     2012 2011
Assets     1,074 1,913
Liabilities     122 165
         
The Group's receivables from Nordea coprise mainly long-term investments in bonds and deposits. In addition, the Group has several on-going derivative contracts related to the Group's risk management of investments and liabilities.