48. Notes on related parties

In financial year 2013/14, METRO GROUP maintained the following business relations to related companies:

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€ million

9M 2013

12M 2012/13

12M 2013/14

Services provided

1

2

1

thereof to associates

(0)

(0)

(0)

Services received

13

17

16

thereof from associates

(2)

(3)

(3)

Receivables from services provided

0

0

0

Liabilities from services received

2

2

2

In financial year 2013/14, METRO GROUP companies provided services totalling €1 million to companies included in the group of related companies. This concerns primarily the granting of energy and lease rights.

The services totalling €16 million that METRO GROUP companies received from related companies in financial year 2013/14 consisted of services, at an amount of €10 million, and real estate leases, at an amount of €6 million.

Business relations with related parties are based on contractual agreements providing for arm’s length prices. As in the short financial year 2013, METRO GROUP had no business relations with related natural persons in financial year 2013/14.

For more information about the basic principles of the remuneration system and the amount of Management and Supervisory Board compensation, see no. 50 Management Board and Supervisory Board.