Fiven Annual Report 2020
Note 29 Transactions and balances with related parties 01.01-31.12.2020 31.12.2020 Amounts in EUR thousand Trade sales Trade purchases Sale of services Purchase of services Interest income Interest expense Receivables from Payables to Fiven Venezuelan entities 1,311 1,974 - - - - 11,577 8,522 Open Gate Capital - - - 1,046 - - - - Tosca Intermediate Holding Sarl - - - - - 2,713 - 36,499 Total 1,311 1,974 - 1,046 - 2,713 11,577 45,020 01.01-31.12.2020 31.12.2020 Amounts in EUR thousand Trade sales Trade purchases Sale of services Purchase of services Interest income Interest expense Receivables from Payables to Fiven Venezuelan entities 7,004 4,485 85 - - - 13,941 10,554 Open Gate Capital - - - 583 - - - - Tosca Intermediate Holding Sarl - - - - - 1,650 - 33,786 Total 7,004 4,485 85 583 - 1,650 13,941 44,340 Fiven ASA is owned 100 per cent by Tosca Intermediate Holdings Sàrl which is controlled by Open Gate Capital Fund II. Transactions and balances between Fiven ASA and its consolidated subsidiaries have been eliminated in the consolidated financial statements. Note 30 Pledge of assets and guarantees The bond loan agreement is based on a negative pledge and Fiven ASA (Bond issuer) and Group entities can only to a limited extent pledge its assets to secure its other liabilities. Fiven ASA and Group entities shall not provide, prolong or renew any permitted security as defined by the bond unless otherwise stated in the bond document. Note 31 Contingent liabilities There are no ongoing contingent liabilities as of 31.12.2020. Kapittelnavn 71 Fiven Annual Report 2020
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