(5) Trade and other financial receivables
Trade and other financial receivables amounted to EUR 126,822 thousand (30 June 2024: EUR 177,991 thousand).
Of that figure, EUR 7,507 thousand (30 June 2024: EUR 4,312 thousand) related to other financial receivables and EUR 119,315 thousand to trade receivables (30 June 2024: EUR 173,678 thousand).
Trade receivables included EUR 87,402 thousand in transfer receivables (30 June 2024: EUR 141,682 thousand).
In accordance with IFRS 15, the Group recognises an asset related to products sold with a right of return on the basis of the expected returns. This corresponds to the refund liability. As at 30 June 2025, the asset for the corresponding right of return of these products amounted to EUR 34 thousand (30 June 2024: EUR 49 thousand).
EUR ‘000 |
|
30/06/2025 |
|
30/06/2024 |
|---|---|---|---|---|
|
|
|
|
|
Trade receivables |
|
46,231 |
|
89,498 |
Less allowances |
|
0 |
|
0 |
Net trade receivables |
|
46,231 |
|
89,498 |
|
|
|
|
|
Other financial receivables |
|
1,236 |
|
0 |
|
|
47,467 |
|
89,498 |
Non-current trade receivables are generally discounted using the effective interest method and measured at amortised cost. Non-current receivables that can potentially be sold as part of factoring are measured at fair value. Please refer to Note 31 for information on the classification and fair values of these items.
EUR ‘000 |
|
30/06/2025 |
|
30/06/2024 |
|---|---|---|---|---|
|
|
|
|
|
Trade receivables |
|
75,717 |
|
87,320 |
Less allowances |
|
-2,632 |
|
-3,140 |
Net trade receivables |
|
73,084 |
|
84,180 |
|
|
|
|
|
Other financial receivables |
|
6,270 |
|
4,312 |
|
|
79,355 |
|
88,492 |
Current trade receivables and other financial receivables do not bear interest and mostly have a maturity of up to three months. Please refer to Note 31 for information on the fair values of these items.