Related party disclosures

      Business transactions in the form of deliveries and services are carried out with non-consolidated subsidiaries, joint ventures, and associated Group companies as part of operational activities. These business transactions are carried out exclusively based on customary market terms.

      The volume of business transactions with associated companies and parties was similar to that reported in the Consolidated Financial Statements 2021/22. Neither the financial position nor the earnings of the voestalpine Group were materially affected during the first six months of the current business year.

      Receivables are sold to core shareholders at arm’s length in connection with the first type of factoring agreement (see Note 29 of the Consolidated Financial Statements 2021/22, Disclosures of transactions not recorded in the statement of financial position, for a description). As of September 30, 2022, these receivables totaled EUR 339.6 million (March 31, 2022: EUR 327.0 million).

      Due to the addition of the significant associate, ArcelorMittal Texas HBI Holdings LLC (ArcelorMittal Texas HBI Group), as of June 30, 2022, supply relationships related to purchases and sales of raw materials are included in the following items of the Interim Consolidated Financial Statements: