Note 36 Related parties
The Group is subject to considerable influence by Mats Paulsson and Fredrik Paulsson together with families, children and companies. Most of the Paulsson families indirect holdings are gathered in the company Ekhaga Utveckling AB which is controlled by Fredrik Paulsson. Ekhaga Utveckling AB has 21.6 percent of the capital and 49.0 percent of the votes. Mats and Fredrik Paulsson together with families have 5.5 percent of capital and 11.2 percent of the votes.
SkiStar
The SkiStar Group is subject to considerable influence by Mats and Fredrik Paulsson with families, children and companies through their ownership of the company. Fredrik Paulsson is a member of the board of SkiStar.
Ekhaga Utveckling
The Ekhaga Utveckling Group is subject to considerable influence by Mats and Fredrik Paulsson with families, children and companies through their ownership of the company. Fredrik Paulsson is CEO of Ekhaga Utveckling.
AB Axel Granlund/Volito
Karl-Axel Granlund is a member of the Board of Peab and Chairman of Volito AB which is part of the AB Axel Granlund Group.
Annehem Fastigheter
The Annehem Group is subject to considerable influence by Ekhaga Utveckling, which is controlled by Fredrik Paulsson. Peab’s President and CEO, Jesper Göransson, is a member of the board of Annehem Fastigheter.
Joint arrangements
In addition to the related parties presented above the Group has a related party relation with its joint arrangements, see note 18 and 19.
Summary of transactions with related parties
| MSEK | 2024 | 2023 | |
| Mkr | 2024 | 2023 | |
| Transactions with joint arrangements | Transaktioner med samarbetsarrangemang | ||
| Sales to joint arrangements | Försäljning till samarbetsarrangemang | 505 | 1,208 |
| Purchases from joint arrangements | Inköp från samarbetsarrangemang | 2,223 1) | 42 |
| Interest revenue from joint arrangements | Ränteintäkter från samarbetsarrangemang | 65 | 68 |
| Interest expenses to joint arrangements | Räntekostnader till samarbetsarrangemang | 13 | – |
| Receivables from joint arrangements | Fordran på samarbetsarrangemang | 523 | 1,651 |
| Liabilities to joint arrangements | Skuld till samarbetsarrangemang | 1,117 | 9 |
| Dividends from joint arrangements | Utdelning från samarbetsarrangemang | 113 | 82 |
| Capital contributions to joint arrangements | Kapitaltillskott till samarbetsarrangemang | 145 | 291 |
| Guarantee liabilities for the benefit of joint arrangements | Borgensförbindelser till förmån för samarbetsarrangemang | 1,654 | 2,082 |
| Transactions with SkiStar | Transaktioner med SkiStar | ||
| Sales to SkiStar | Försäljning till SkiStar | 23 | 54 |
| Purchases from SkiStar | Inköp från SkiStar | 0 | 1 |
| Receivables from SkiStar | Fordran på SkiStar | 0 | 12 |
| Transactions with Ekhaga Utveckling | Transaktioner med Ekhaga Utveckling | ||
| Sales to Ekhaga Utveckling | Försäljning till Ekhaga Utveckling | 55 | 69 |
| Purchases from Ekhaga Utveckling | Inköp från Ekhaga Utveckling | 102 | 91 |
| Receivables from Ekhaga Utveckling | Fordran på Ekhaga Utveckling | 7 | 9 |
| Liabilities to Ekhaga Utveckling | Skuld till Ekhaga Utvecking | 6 | 14 |
| Transactions with Annehem Fastigheter | Transaktioner med Annehem Fastigheter | ||
| Sales to Annehem Fastigheter | Försäljning till Annehem Fastigheter | 63 | 643 |
| Purchases from Annehem Fastigheter | Inköp från Annehem Fastigheter | 107 | 104 |
| Receivables from Annehem Fastigheter | Fordran på Annehem Fastigheter | 2 | 18 |
| Liabilities to Annehem Fastigheter | Skuld till Annehem Fastigheter | 2 | 7 |
1) Includes SEK 2,091 million from the acquisition of properties and building rights from Fastighets AB Centur, for more information see Significant events during the year.
Executive management
For information on salaries and other remuneration to the Board of Directors, the CEO and senior officers along with information on costs relating to pensions and similar benefits and agreements on retirement remuneration, see note 9. During the years 2024 and 2023, the CEO and other senior officers in total hired companies within the Peab Group for private services of less than SEK 500 thousand. The services have been delivered at market prices.
Transaction terms
Transactions with related parties were on market terms.