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Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2022
Related party transactions [abstract] |
Summary of information about key management personnel | The following tables summarize remuneration of directors, key executives with strategic responsibilities:
|  | For the years ended December 31, |
(Euro thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Short-term employee benefits (1) |  |  | 3,320 |  |  |  | 2,218 |  |  |  | 1,425 |
Employee share-based compensation |  |  | 4,680 |  |  |  | 4,876 |  |  |  | 3,751 |
Total |  |  | 8,000 |  |  |  | 7,094 |  |  |  | 5,176 |
(1) | Includes corporate bodies fees, consultancy fees and personnel compensation.
Summary of transactions between related parties | Transactions with related parties In addition to the transactions and balances detailed elsewhere in these financial statements, the Group had the following material transactions with related parties during the year:
|  | For the years ended December 31, |
(Euro thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
(i) Proceeds of shareholder loan |  |  |  |  |  |  |  |  |  |  |  |
Fosun International Limited (1) |  |  | 66,531 |  |  |  | 79,684 |  |  |  | 27,238 |
Shanghai Fosun High Technology (Group) Co., Ltd .(2) |  |  | 5,853 |  |  |  | 4,510 |  |  |  | — |
Shanghai Fosun High Technology Group Finance Co., Ltd. (2) |  |  | 4,053 |  |  |  | 1,518 |  |  |  | — |
Total proceeds of shareholder loan |  |  | 76,437 |  |  |  | 85,712 |  |  |  | 27,238 |
(ii) Repayments of shareholder loan |  |  |  |  |  |  |  |
Fosun International Limited |  |  | 106,418 |  |  |  | 42,642 |  |  |  | 34,392 |
Shanghai Fosun High Technology Group Finance Co., Ltd. |  |  | 1,691 |  |  |  | 77 |  |  |  | — |
Shanghai Fosun High Technology (Group) Co., Ltd. |  |  | 177 |  |  |  | 385 |  |  |  | 3,214 |
Total repayments of shareholder loan |  |  | 108,286 |  |  |  | 43,104 |  |  |  | 37,606 |
(iii) Interest expenses |  |  |  |  |  |  |  |
Fosun International Limited |  |  | 8,355 |  |  |  | 3,754 |  |  |  | 1,185 |
Shanghai Fosun High Technology (Group) Co., Ltd. |  |  | 762 |  |  |  | 79 |  |  |  | — |
Shanghai Fosun High Technology Group Finance Co., Ltd. |  |  | 248 |  |  |  | 25 |  |  |  | — |
Total interest expenses |  |  | 9,365 |  |  |  | 3,858 |  |  |  | 1,185 |
(iv) Rental expenses |  |  |  |  |  |  |  |
Shanghai Fosun Bund Property Co., Ltd. (3) |  |  | 1,201 |  |  |  | 371 |  |  |  | — |
(v) Consulting expenses |  |  |  |  |  |  |  |
Shanghai Fosun High Technology (Group) Co., Ltd. |  |  | — |  |  |  | 263 |  |  |  | — |
(vi) Payments on behalf of the Group |  |  |  |  |  |  |  |
Shanghai Fosun High Technology (Group) Co., Ltd. |  |  | 139 |  |  |  | 147 |  |  |  | — |
Balances with related parties
|  | At December 31, |
(Euro thousands) |  | 2022 |  |  | 2021 |
(i) Borrowings |  |  |  |  |  |  |  |
Shanghai Fosun High Technology (Group) Co., Ltd. |  |  | 10,363 |  |  |  | 4,687 |
Shanghai Fosun High Technology Group Finance Co., Ltd. |  |  | 3,803 |  |  |  | 1,441 |
Fosun International Limited |  |  | — |  |  |  | 39,887 |
Total borrowings |  |  | 14,166 |  |  |  | 46,015 |
(ii) Other current liabilities |  |  |  |
Shanghai Fosun High Technology (Group) Co., Ltd. |  |  | 1,216 |  |  |  | 542 |
Shanghai Fosun Bund Property Co., Ltd. |  |  | 770 |  |  |  | — |
Fosun International Limited |  |  | 26 |  |  |  | 4,514 |
Shanghai Fosun High Technology Group Finance Co., Ltd. |  |  | 8 |  |  |  | 3 |
Total other current liabilities |  |  | 2,020 |  |  |  | 5,059 |
(iii) Other current assets |  |  |  |  |  |  |  |
Fosun International Limited |  |  | 263 |  |  |  | — |
Notes:
(1) | A shareholder of the Group.
(2) | Subsidiaries of Fosun International Limited.
(3) | Joint venture of Fosun International Limited.

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