2015 ANNUAL REPORT
INFORMATION ABOUT DEALINGS WITH THE CONTROLLING COMPANY
There were no legal transactions that would benefit the controlling companies, which were steered directly or indirectly by the controlling companies, during 2015. All legal transactions between controlling companies and TEB were carried out in accordance with market practices, the principles of commercial prudence and integrity, and the arm’s length principle. The Company did not incur any loss by reason of these transactions, and therefore, no compensation was necessary.
There were no legal transactions, which were carried out at the direction of the controlling companies so as to benefit the controlling companies’ subsidiaries. All legal transactions between the controlling company’s subsidiaries and our Company were carried out in accordance with market practices, the principles of commercial prudence and integrity and arm’s length principle. The Company did not incur any loss by reason of these transactions and therefore no compensation was necessary.
No measures were taken or avoided to the benefit of our Company’s direct or indirect controlling companies since such measures were not necessary, and therefore, no losses to the detriment of the Company arose.
No measures were taken or avoided to the benefit of the controlling company’s subsidiaries since such measures were not necessary, and therefore, no losses to the detriment of the Company arose.