Notes to the Group’s Financial Statements

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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, and the entities over which the members of the key management personnel have a control.
Key management compensation
EURm				2013	2012
Short-term employee benefits				7	6
Post employment benefits				3	3
Other long-term benefits				10	6
Total				19	16
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 related party transactions of the key management are not material nor does the key management have any loans from the Group companies.
Associates
Outstanding balances with related parties/Associate Nordea
EURm				2013	2012
Assets				1,152	1,074
Liabilities				111	122
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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