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36 Related parties

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The Company’s related parties comprise subsidiaries, KPMG Coöperatie U.A., and key management.

36.1 Parent company

Please refer to Note 28.2.1 Parent Company of the consolidated financial statement for information with respect to Coöperatie KPMG U.A.

36.2 Subsidiaries

Transactions between the Company and its subsidiaries relate to contractual fees and dividends received, and recharges for insurance premiums and licence fee expenses.

The transactions can be specified as follows:

EUR 000

Received contractual fees

Received dividend

Expenses charged

2020/2021

   

KPMG Accountants N.V.

55,567

7,436

5,272

KPMG Advisory N.V.

48,641

13,339

4,776

Total

104,208

20,775

10,048

    

2019/2020

   

KPMG Accountants N.V.

48,104

7,127

9,310

KPMG Advisory N.V.

4,580

8,293

Total

52,684

7,127

17,603

    
    

In addition to the above, on behalf of its subsidiary KPMG Staffing & Facility Services B.V., KPMG N.V. pays various expenses such as employee expenses and other operating expenses. These payments amounted to EUR 322 million in 2020/2021 (2019/2020: EUR 306 million).

Transactions between the Company and its subsidiaries are in general settled through current accounts. The current accounts are not interest-bearing.

As at 30 September, the following payable and receivable positions relate to subsidiaries of the Company:

EUR 000

30 September 2021

30 September 2020

KPMG Accountants N.V

6,481

10,544

KPMG Advisory N.V.

42,396

34,363

KPMG Staffing & Facility Services B.V.

-49,155

-20,511

36.3 Key management

Please refer to Note 28.2.2 Key management of the consolidated financial statement for information related party information with respect to key management.