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It made sales of €13.6bn (£10.4bn) last year, but posted pre-tax profits of just €23.3m (£17.8m) after revenues were offset by large expenses, including €637m loosely described in the accounts as "primarily … charges related to licence agreements and royalties with third parties and affiliated undertakings".
Member States shall require ultimate parent undertakings governed by their national laws and having a consolidated net turnover exceeding EUR 750 000 000 as well as undertakings governed by their national laws that are not affiliated undertakings and having a net turnover exceeding EUR 750 000 000 to draw up and publish a report on income tax information on an annual basis.
(8) The report on income tax information should provide information concerning all the activities of an undertaking or of all the affiliated undertakings of a group controlled by an ultimate parent undertaking.
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We were affiliated.
Loosely affiliated, that suits me.
Setting: Municipal, university affiliated hospital.
But gyms affiliated with hotels disagree.
It is not affiliated with Renfrew.
We have to welcome these affiliated supporters.
The union is affiliated with the American Federation of Labor Congress of Industrial Organizations.
Followers of Jesus Christ normally affiliated with churches.
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