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4.34 Related party transactions

All transactions with related parties are included in the consolidated annual financial statements for 2018 and 2017.

related party transactions

in CHF thousand                                
    with associated
entities and
joint ventures
 
with
shareholers
 
with other
related parties
 

Total 2018
  with associated
entities and
joint ventures
 
with
shareholers
 
with other
related parties
 

Total 2017
Net revenue from sales   258   64,365     64,623   258   79,248     79,506
Other operating income   295       295   323       323
Cost of materials       8,078   8,078        
Other operating expenses   31     260   291   14     260   274
Financial income           1       1
in CHF thousand at 31 December                                
    with associated
entities and
joint ventures
 
with
shareholers
 
with other
related parties
 

Total 2018
  with associated
entities and
joint ventures
 
with
shareholers
 
with other
related parties
 

Total 2017
Trade accounts receivable   1   10,849     10,850   3   221     224
Other receivables     628   4,193   4,821     340     340
Financial receivables   50     2,150   2,200   50       50
Trade payables   2     19   21   2       2

In 2018 as in prior years, the Orell Füssli Group continued to sell books and publishing products to related parties and to employees at favourable rates.

Except for the compensation disclosed in the compensation report (see pages 52 to 54 of this annual report), there were no other transactions with members of the Board of Directors or the Executive Board in 2018 and 2017.