ACCT
LEGO-Group-Annual-Report-2017.pdf

Considered to be key management kabooki as kirkbi as

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considered to be Key Management, KABOOKI A/S, KIRKBI A/S, subsidiaries of KIRKBI Invest A/S and Merlin Entertain- ments Group, in which the above-mentioned family has significant interest. None of the related party transactions are secured. (mDKK) 2017 2016 Transactions with KIRKBI A/S Sale of assets 4 Acquisitions of assets (29) Rent charged (41) (39) Other transactions received 31 24 Other transactions charged (41) (2) (51) (42) Transactions with Koldingvej 2, Billund A/S Rent charged (3) Other transactions received 188 99 Other transactions charged (3) 182 99 Transactions with associates Purchase of products (5) (5) Trademark fee received 7 12 2 7 Transactions with KIRKBI Invest A/S Group Trademark fee charged (1,258) (1,363) Rent charged (17) (24) Interest charged (23) (19) Other transactions received 59 40 Other transactions charged (5) (1,244) (1,366) Transactions with Merlin Entertainments Group Sale of products 525 511 Trademark fee received 28 24 Other transactions received 8 3 Other transactions charged (7) (9) 554 529 The following transactions were carried through with related parties 51 Notes The LEGO Group — Annual Report 2017
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(mDKK) 2017 2016 Transactions with other related parties Sale of products 3 1 Donations received 31 23 Rent charged (1) Other transactions received 2 2 36 25 Note 30 (continued) Remuneration to Key Management Personnel is disclosed in note 6. Transactions with related parties were carried out on an arm’s length basis. Year-end balances arising from transactions with related parties (mDKK) 2017 2016 Balances with KIRKBI A/S Receivables 8 8 Payables (28) (20) 8 Balances with Koldingvej 2, Billund A/S Receivables 68 85 Payables (5) 63 85 Balances with associates Receivables 5 6 Payables (1) (1) 4 5 Balances with KIRKBI Invest A/S Group Receivables 24 21 Payables (449) (456) (425) (435) 52 Notes The LEGO Group — Annual Report 2017
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(mDKK) 2017 2016 Balances with Merlin Entertainments Group Receivables 62 71 Payables (1) (1) 61 70 Balances with other related parties Receivables 2 1 2 1 Note 30 (continued) Year-end balances regarding loan investments and borrowings (mDKK) 2017 2016 Balances with KIRKBI Invest A/S Loan investments Balance at 1 January 4,350 4,932 Loans advanced during the year 12,472 13,715 Repayments (10,130) (14,297) Interest received (4) Balance at 31 December 6,688 4,350 Specified as follows: Non-current Current 6,688 4,350 6,688 4,350 Loan borrowings Balance at 1 January (600) (600) Balance at 31 December (600) (600) Specified as follows: Non-current (600) Current (600) (600) (600) 53 Notes The LEGO Group — Annual Report 2017
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Parent Company Financial Statements 54 Financial Statements Parent Company — Annual Report 2017
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Income Statement 1 January – 31 December (mDKK) Note 2017 2016 Income statement Revenue 119 126 Gross profit 119 126 Other operating expenses 2 (121) (85) Operating profit (2) 41 Net profit for the year from subsidiaries 8 7,762 9,402 Financial income 3 103 95 Financial expenses 4 (112) (109) Profit before income tax 7,751 9,429 Tax on profit for the year 5 24 (24) Net profit for the year 7,775 9,405 Income Statement 55 Parent Company — Annual Report 2017
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Balance Sheet 31 December (mDKK) Note 2017 2016 ASSETS Non-current assets Patents 3 4 Intangible assets 6 3 4
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