27 Related Party Transactions
Vonovia had business relationships with unconsolidated investees and subsidiaries as of June 30, 2025. These transactions are shown in the table below:
Result of transactions from the normal exchange of deliveries and services
Provided services | Purchased services | Receivables | Liabilities | Advance payments | |||||||||||||||||
in € million | Jan. 1 - Jun. 30, 2024 | Jan. 1 - Jun. 30, 2025 | Jan. 1 - Jun. 30, 2024 | Jan. 1 - Jun. 30, 2025 | Dec. 31, 2024 | Jun. 30, 2025 | Dec. 31, 2024 | Jun. 30, 2025 | Dec. 31, 2024 | Jun. 30, 2025 | |||||||||||
Subsidiaries (not consolidated) | 0.0 | 0.0 | 0.1 | 0.0 | – | 0.0 | 0.0 | 0.0 | – | – | |||||||||||
Associates | 26.3 | 56.5 | 1.1 | 17.0 | 403.1 | 150.7 | 3.1 | 151.6 | 217.1 | 589.0 | |||||||||||
Joint ventures | 7.6 | 5.2 | 44.6 | 48.5 | 140.5 | 70.4 | 0.3 | 0.4 | 33.3 | 35.9 | |||||||||||
Other non-consolidated subsidiaries | – | – | – | – | – | – | – | 0.0 | – | – | |||||||||||
33.9 | 61.7 | 45.8 | 65.5 | 543.6 | 221.1 | 3.4 | 152.0 | 250.4 | 624.9 | ||||||||||||
Further explanatory information on the QUARTERBACK Group can be found in chapters [20]Investment Properties and [21]Financial Assets.
With regard to the Management Board contracts of employment and the IFRS 2 program that they include, please refer to the IFRS consolidated financial statements as of December 31, 2024, as well as the information in chapter [11]Personnel Expenses.