The Company’s related parties comprise subsidiaries, Coöperatie KPMG U.A., and key management.
36.1 Parent company
Please see Note 28.2.1 Parent Company of the consolidated financial statements 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 license fee expenses.
The transactions can be specified as follows:
|
EUR 000 |
Received contractual fees |
Received dividend |
Expenses charged |
|
2022/2023 |
|||
|
KPMG Accountants N.V. |
29,930 |
8,812 |
6,363 |
|
KPMG Advisory N.V. |
48,556 |
8,616 |
6,195 |
|
Total |
78,486 |
17,428 |
12,558 |
|
2021/2022 |
|||
|
KPMG Accountants N.V. |
50,715 |
7,917 |
6,775 |
|
KPMG Advisory N.V. |
57,997 |
7,123 |
6,674 |
|
Total |
108,712 |
15,040 |
13,449 |
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 421 million in 2022/2023 (2021/2022: EUR 374 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 2023 |
30 September 2022 |
|
KPMG Accountants N.V |
-8,208 |
5,525 |
|
KPMG Advisory N.V. |
53,000 |
53,858 |
|
KPMG Staffing & Facility Services B.V. |
-24,432 |
-48,065 |
36.3 Key management
Please see Note 28.2.2 Key management of the consolidated financial statements for related party information with respect to key management.