27. Trade receivables
Trade receivables increased from €702 million to €808 million. This includes receivables with a remaining term of more than one year totalling €20 million (30/9/2015: €16 million).
At €70 million and €49 million, respectively, the METRO Cash & Carry and Media-Saturn segments accounted for the major share of the increase of €106 million.
The increase in the METRO Cash & Carry segment was primarily due to the expansion and strong autumn business in China, at €12 million, the first-time inclusion of the operations of MIDBAN ESOLUTIONS S.L. in Spain, at €10 million, and the acquisition of the Rungis group as well as the introduction of the online direct debiting scheme at METRO Cash & Carry in Germany, at €10 million each.
The acquisition of the RTS group accounted for €22 million of the increase in the Media-Saturn segment. The increase in commission receivables in Germany also added €14 million to this effect.