36. Related party disclosures

Related parties include OÖ Landesholding GmbH as majority shareholder as well as its subsidiaries, the Province of Upper Austria as sole investor of OÖ Landesholding GmbH, the joint ventures, the associated companies as well as members of the Management Board and of the Supervisory Board of Energie AG Oberösterreich and their close relatives.

 

 

 

 

Revenues
EUR 1,000

 

Expenses
EUR 1,000

 

Receivables
EUR 1,000

 

Liabilities
EUR 1,000

Province of Upper Austria

 

2020/2021

 

1,445.4

 

520.4

 

164.5

 

2,395.5

 

 

2019/2020

 

1,345.6

 

502.6

 

283.1

 

2,972.5

OÖ Landesholding and subsidiaries

 

2020/2021

 

12,278.8

 

243.0

 

1,518.1

 

9,251.7

 

2019/2020

 

10,618.6

 

237.3

 

904.5

 

7,103.8

Associated companies

 

2020/2021

 

54,173.9

 

14,683.6

 

3,646.6

 

219.1

 

 

2019/2020

 

54,595.1

 

14,019.2

 

3,661.8

 

17.2

Joint ventures

 

2020/2021

 

5,415.4

 

1,978.0

 

1,012.8

 

1,786.4

 

 

2019/2020

 

2,719.7

 

2,369.3

 

550.1

 

17.6

Province of Upper Austria

The Province of Upper Austria is the sole investor of OÖ Landesholding GmbH. OÖ Landesholding GmbH is the majority shareholder of Energie AG Oberösterreich.

OÖ Landesholding GmbH

Energie AG Oberösterreich and selected subsidiaries are members of the OÖ Landesholding GmbH tax group. The provisions of the OÖ Landesholding GmbH Group contract govern the relationship between Energie AG Oberösterreich and the Group parent, whereas Energie AG Oberösterreich calculates its taxable income in consideration of the taxable income of its subordinate Group companies. In the case of positive tax income, any positive tax allocations are offset using the applicable tax rate of 25%. Negative tax results are carried forward. The tax allocations amount to EUR 28,081.0 thousand (previous year: EUR 32,520.3 thousand). This item also includes receivables in the amount of EUR 1,518.1 thousand (previous year: EUR 904.5 thousand) and liabilities in the amount of EUR 9,251.7 thousand (previous year: EUR 7,103.8 thousand).

Associated companies

Salzburg AG für Energie, Verkehr und Telekommunikation

Gas and electricity deliveries at standard market terms take place between the Group and Salzburg AG. The sales revenues amount to EUR 5,951.8 thousand (previous year: EUR 10,898.4 thousand), while expenses are EUR 3,814.9 thousand (previous year: EUR 6,017.1 thousand).

Wels Strom GmbH

In addition to grid services, heat and electricity deliveries at standard market terms took place between the Group and Wels Strom GmbH. The sales revenues amount to EUR 44,227.7 thousand (previous year: EUR 40,364.6 thousand), while expenses are EUR 10,356.7 thousand (previous year: EUR 7,575.0 thousand).

Members of the Management in key positions

Members of the management in key positions include the members of the Management Board and the Supervisory Board of Energie AG Oberösterreich, and the Management Board and the Supervisory Board of OÖ Landesholding GmbH. Please refer to section 10 with regard to the remuneration of the members of the Management Board and the Supervisory Board of Energie AG Oberösterreich. Additional disclosable transactions included revenues of EUR 13.1 thousand (previous year: EUR 12.4 thousand) and benefits in the amount of EUR 116.6 thousand (previous year: EUR 4.3 thousand). This item also includes receivables in the amount of EUR 1.4 thousand (previous year: EUR 0.7 thousand).

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