ANNUAL REPORT ‘12
NOTES TO THE FINANCIAL STATEMENTS
250
The following Parpública, SGPS, S.A. holdings are also considered to be related parties:
• TAP – Transportes Aéreos Portugueses, S.A.
• SPDH – Serviços Portugueses de Handling, S.A.
• Megasis – Soc. Serv. Engenharia Informática, S.A.
• UCS – Cuidados Integrados de Saúde, S.A.
• Cateringpor – Catering de Portugal, S.A.
• LFP – Lojas Francas de Portugal, S.A.
• Portugália – Companhia Portuguesa de Transp. Aéreos, S.A.
Board of Directors:
The Board of Directors was treasted as a related party of the Group, having received the following remunerations:
Nature of the relationship with the related parties
There are practically no transactions involving shareholders. Such transactions are limited to the payment of
dividends, as authorised by these shareholders in General Meeting.
Transactions with the company’s owned by Parpública arise from the business purposes of the companies in the
ANA Group. The terms and conditions of such transactions are practically identical to those that would be normally
contracted between independent entities engaging in comparable operations. Thus, the ANA Group provides the
following services: air traffic control, fuel sales, space rental and the provision of other services. It acquires services
for attracting new routes and other service provision (sub-contracts, conservation and repair, amongst others).
The transactions made between the ANA Group and the related parties are valued at market prices and conditions.
533,632.47
537,893.00
Remunerations
780,651.21
864,146.00
ANA, S.A.
2012
2011
ANA GROUP
2012
2011
