35. Trade liabilities

Trade liabilities declined by €110 million, from €4,892 million to €4,782 million.

In the segment, a national legislative change in Russia caused a decline of €159 million. In addition, currency effects reduced trade payables by a further €51 million, with the Turkish lira and Chinese renminbi accounting for the largest share. The acquisition of Pro à Pro had a counteracting effect of €99 million.

Wholesale, METRO Wholesale
The METRO Wholesale segment comprises the METRO Cash & Carry sales line of METRO AG with more than 750 wholesale markets across 25 countries worldwide. The delivery business (food service distribution) is also part of this segment, with companies like METRO Delivery Service and the delivery specialists Classic Fine Foods, Pro à Pro and Rungis Express.
Glossary