Annual report and accounts 2012

Related party transactions

OAO Severstal and Subsidiaries
Notes to the Consolidated Financial Statements
10. Related party transactions

for the years ended December 31, 2012, 2011 and 2010
(Amounts expressed in thousands of US dollars, except as otherwise stated)

 Year ended December 31,

 

2012

2011

2010

Revenue - related parties:

 

 

 

Revenue - associates

86,041

147,345

30,194

Revenue - joint ventures

60,443

48,235

859

Revenue - other related parties

41,617

43,730

31,282

Interest income from related parties:

 

 

 

Interest income from joint ventures

3,245

3,240

-

Interest income from other related parties

31,022

23,350

33,153

 

222,368

265,900

95,488

Purchases from related parties:

 

 

 

Purchases from associates:

 

 

 

Non-capital expenditures

75,459

74,717

60,586

Purchases from joint ventures:

 

 

 

Non-capital expenditures

252,390

254,504

92,739

Purchases from other related parties:

 

 

 

Non-capital expenditures

38,808

33,657

20,266

Capital expenditures

153

874

6,862

Interest expense

53

68

3,533

 

366,863

363,820

183,986