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3.32 Related party transactions

All transactions with related parties are included in the consolidated annual financial statements for 2020 and 2019.

Related party transactions

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

Total 2020
  with associated
entities and
joint ventures
 
with
shareholers
 
with other
related parties
 

Total 2019
Net revenue from sales   252   44,360     44,612   266   52,558     52,824
Other operating income   328       328   355       355
Cost of materials       6,336   6,336       13,013   13,013
Other operating expenses   218     260   478   246     260   506
Financial expenses       50   50       2,150   2,150
in CHF thousand at 31 December                                
    with associated
entities and
joint ventures
 
with
shareholders
 
with other
related parties
 

Total 2020
  with associated
entities and
joint ventures
 
with
shareholders
 
with other
related parties
 

Total 2019
Trade accounts receivable   4       4   26       26
Other receivables       1,269   1,269       2,706   2,706
Financial receivables   431       431   50       50
Trade payables   5       5   10     2,504   2,514
Other liabilities     12,837     12,837     25,222     25,222
Total financial liabilities   1,635       1,635   1,635       1,635

In 2020 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, there were no other transactions with members of the Board of Directors or the Executive Board in 2020 and 2019.