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44. Receivables from group companies

Intra-group positions arise from services provided by N.V. Nederlandse Gasunie to group companies and vice versa, from dividend payments within the group and from cash pool transactions we carry out as the head of the group on behalf of our group companies as part of normal continuing operations.

No repayment schedule has been agreed for the receivables from group companies; the receivables have the characteristics of a current account facility.

In certain cases, Gasunie pays arm’s length interest on the balance of the intra-group receivables, based on a floating interest rate plus a margin appropriate to both N.V. Nederlandse Gasunie’s risk profile and that of the group company in question.

The carrying amount of the provision to cover the expected credit losses was less than € 0.1 million at year-end 2024 (year-end 2023: less than € 0.1 million).