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Related Parties | 12 Months Ended
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Dec. 31, 2018
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Related Parties | NOTE 29—RELATED PARTIES Subsidiaries and affiliates A list of the principal companies controlled by the Group is presented in NOTE 31—Subsidiaries and operating segments. Transactions between fully consolidated companies are eliminated when preparing the Consolidated Financial Statements. Investments accounted for under the equity method are the only related parties identified by the Group during the years ended December 31, 2018, 2017 and 2016. Transactions with these related parties are described in NOTE 18—Investments accounted for under the equity method. Shareholders On March 28, 2018, Constellium Issoire entered into a €10 million unsecured Revolving Credit Facility with BPI France, a related party. Key management remuneration The Group’s key management comprises the Board members and the Executive committee members effectively present during 2018. Executive committee members are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly reporting to the CEO. The costs reported below are compensation and benefits for key management:
| • |  | Short term employee benefits include their base salary plus bonus.
| • |  | Directors’ fees include annual director fees, Board and committees’ attendance fees.
| • |  | Share-based compensation includes the portion of the IFRS 2 expense as allocated to key management.
| • |  | Post-employment benefits mainly include pension costs.
| • |  | Termination benefits include departure costs.
As a result, the aggregate compensation for the Group’s key management is comprised of the following:
(in millions of Euros) |  | Year ended December 31, 2018 |  |  | Year ended December 31, 2017 |  |  | Year ended December 31, 2016 |
Short term employee benefits |  |  | 9 |  |  |  | 8 |  |  |  | 10 |
Directors’ fees |  |  | 1 |  |  |  | 1 |  |  |  | 1 |
Share-based compensation |  |  | 6 |  |  |  | 4 |  |  |  | 2 |
Post-employments benefits |  |  | — |  |  |  | — |  |  |  | — |
Termination benefits |  |  | — |  |  |  | 1 |  |  |  | 1 |
Employer social contribution |  |  | 1 |  |  |  | 1 |  |  |  | 2 |
Total |  |  | 17 |  |  |  | 15 |  |  |  | 16 |

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- Definition The entire disclosure for related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2018-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=24&date=2018-03-01&anchor=sect_Disclosures&doctype=Standard -URIDate 2018-03-16 + Details
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