27. Trade receivables

Trade receivables declined by €90 million, from €571 million to €482 million. These are receivables with a remaining term of up to 1 year.

The ’s figures include €75 million attributable to METRO China. increased the trade receivables by €9 million. Higher direct payments reduce trade receivables in the METRO Western Europe (excluding Germany) segment by €8 million.

Previous year
Period of 12 months, usually cited as reference for statements in an annual report.
Currency effects
Currency effects result from situations where the same amount of currency units is translated into another currency at differing exchange rates.