Related party transactions (Tables)

12 Months Ended

Mar. 31, 2023

Related party transactions

Schedule of transactions with joint arrangements and associates

	2023	2022	2021
	€m	€m	€m
Sales of goods and services to associates	20	20	14
Purchase of goods and services from associates	8	10	5
Sales of goods and services to joint arrangements	220	221	203
Purchase of goods and services from joint arrangements	263	298	109
Interest income receivable from joint arrangements1	52	48	65
Interest expense payable to joint arrangements1	33	52	56
Trade balances owed:
by associates	7	8	–
to associates	1	6	–
by joint arrangements	170	139	–
to joint arrangements	329	34	–
Other balances owed by associates	–	80	–
Other balances owed by joint arrangements1	980	1,080	–
Other balances owed to joint arrangements2	5,628	1,561	–

Notes:

1 Amounts arise primarily through VodafoneZiggo and Oak Holdings 1 GmbH. Interest is paid/received in line with market rates.

2 Amounts are primarily in relation to leases of tower space from Oak Holdings 1 GmbH (2022: INWIT S.p.A.).