23 Related Party Transactions
Vonovia had business relationships with unconsolidated investees and subsidiaries in the first half of 2023. These transactions resulted from the normal exchange of deliveries and services and are shown in the table below:
Result of transactions from the normal exchange of deliveries and services
Provided services | Purchased services | Receivables | Liabilities | Advanced payments | |||||||||||||||||
in € million | Jan. 1– | Jan. 1– | Jan. 1– | Jan. 1– | Dec. 31, | June 30, | Dec. 31, | June 30, | Dec. 31, | June 30, | |||||||||||
Associated companies | 0.0 | 22.4 | 31.7 | 7.8 | 646.5 | 650.6 | 0.1 | 5.1 | 290.1 | 343.0 | |||||||||||
Joint ventures | 3.4 | 0.3 | 108.4 | 54.9 | 173.1 | 185.0 | 6.3 | 0.1 | 17.3 | 17.4 | |||||||||||
Other non-consolidated subsidiaries | 0.0 | – | – | – | 1.8 | 0.2 | – | – | – | – | |||||||||||
3.4 | 22.7 | 140.1 | 62.7 | 821.4 | 835.8 | 6.4 | 5.2 | 307.4 | 360.4 | ||||||||||||
With regard to the Management Board contracts of employment and the IFRS 2 program that they include, we refer to the IFRS consolidated financial statements as of December 31, 2022.