49. Notes on related parties

In financial year 2014/15, METRO GROUP maintained the following business relations to related companies:

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€ million

2013/14

2014/15

Services provided

1

0

thereof to associates

(0)

(0)

Services received

16

15

thereof from associates

(3)

(3)

Receivables from services provided

0

0

Liabilities from goods/services received

2

2

In financial year 2014/15, METRO GROUP companies provided no services to companies included in the group of related companies.

The services totalling €15 million that METRO GROUP companies received from related companies in financial year 2014/15 consisted of services, at an amount of €9 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 financial year 2013/14, METRO GROUP had no business relations with related natural persons in financial year 2014/15.

For more information about the basic principles of the remuneration system and the amount of Management and Supervisory Board compensation see no. 51 – Management Board and Supervisory Board.