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Related Party Transactions (Tables)
 12 Months Ended
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.