31. Transactions with related parties

The following transactions were effected for services rendered with related companies of CPH Group AG and members of its Board of Directors:

in CHF thousands

2024

2023

Kelterborn Advisory AG (Kaspar W. Kelterborn)

46

-

Niederer Kraft Frey AG (Manuel Werder)

296

60

Single Group GmbH (Tim Talaat)

1

39

UBV Immobilien Treuhand AG (Peter Schaub, Manuel Werder, Tim Talaat)

16

10

Weber Schaub & Partner AG (Peter Schaub)

39

54

Total transactions with related parties

398

163

Total liabilites to related parties as at 31 December

28

29

The total of transactions with related parties was higher for 2024 as a result of non-recurring costs incurred in the preparation and execution of the spin-off of the Paper Division.

As in the prior year, no loans or credits were granted to related parties in the year under review.