27. Trade receivables

Trade receivables declined by €4 million, from €575 million to €571 million. These are receivables with a remaining term of up to 1 year.

The previous year’s figures include €21 million attributable to the hypermarket business to be disposed of.

Currency effects have reduced trade receivables by a further €14 million.

The METRO Wholesale Asia segment reported an increase after currency effects of €19 million, which is essentially attributable to extended payment terms together with higher sales volumes in China.

The delivery sales of the METRO Wholesale Eastern Europe segment also picked up, in particular in Turkey, and contributed a further €11 million.