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Notes to the Accounts

35 Related Party Disclosures
               
Key management personnel
 
The key management personnel in Sampo Group consists of the members of the Board of Directors of Sampo plc and Sampo Group’s Executive Committee.
 
Key management compensation
               
EURm         2010 2009
Short-term employee benefits         7 6
Post employment benefits         1 2
Other long-term benefits         8 2
Total         16 10
               
Short-term employee benefits comprise salaries and other short-terms benefits, including profit-sharing bonuses accounted for for the year, and social security costs.
 
Post employment benefits include pension benefits under the Employees’ Pensions Act (TEL) in Finland and voluntary supplementary pension benefits.
 
Other long-term benefits consist of the benefits under long-term incentive schemes accounted for for the year (see Note 36).
 
Related party transactions of the key management
 
The key management does not have any loans from the Group companies.
 
Associates
 
Outstanding balances with related parties/Associate Nordea
               
EURm         2010 2009
Assets         1,673 1,718
Liabilities         56 35
               
The Group's receivables from Nordea coprise mainly long-term investments in bonds and deposits. In addition, the Group has several on-going derivative contracts related to the Group's risk management of investments and liabilities.
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