APC 2004 Annual Report Download - page 98

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96
Note 21 - Related Party Transactions
Transactions with related parties (mainly equity affiliates) primarily affect the following accounts:
(in millions of euros)
Dec. 31, 2004 Dec. 31, 2003
Income statement
Sales 8.3 12.5
Cost of sales (11.9) (4.5)
Other operating income and expense 1.5 1.1
Financial income (expense) - 3.4
Exceptional items - -
Balance sheet
Loans (1) - 71.6
Trade receivables 5.1 3.2
Other accounts receivable - -
Long-term debt - -
Other accounts payable 1.7 1.2
Off balance sheet commitments
Commitments given 32.8 37.7
Commitments received - -
(1) Loans include MGE Finances convertible bonds in an amount of
71.6 million, of which
11.9 million in capitalized interest, as of
December 31, 2003.
Note 22 - Geographic and Business Segment Information
Breakdown by region:
Sales Dec. 31, 2004 Dec. 31, 2003
Europe 5,370 4,814
North America 2,500 2,176
Asia Pacific 1,811 1,239
Rest of the world 684 551
Total 10,365 8,780
Operating margin (in %) Dec. 31, 2004 Dec. 31, 2003
Europe 13.5 11.8
North America 11.9 10.9
Asia Pacific 11.0 10.4
Rest of the world 12.9 13.6
Average operating margin 12.6 11.5