31. Related party disclosures

Transactions with related parties are conducted at arm's length prices and conditions. Year-end receivables and payables are settled in cash. No guarantees were received or issued in connection with the assets and liabilities of related parties. The adjustment for doubtful debts was zero.

In 2024, Enexis Holding N.V. classified the shareholders and their affiliates, associates, and senior executives as related parties. The shares of Enexis Holding N.V. are held by Dutch provinces and municipalities.

No purchase transactions outside the company’s regular operations took place with major shareholders (interest >20%) in 2024. The total amount of liabilities at the end of 2024 amounted to nil.

Shareholders’ loans provided by the shareholders amounted to €500 million at year-end 2024 (2023: €500 million). Interest payments on these loans amounted to €10 million in 2024 (2023: €10 million). Dividend payments to shareholders amounted to €36 million (2023: €193 million).

There were no transactions with shareholders' affiliates other than during regular operations.

With own associates and participations, sales transactions were concluded amounting to €1 million (2023: €1 million) and purchase transactions were concluded amounting to €46 million (2023: €45 million).

At year-end 2024, the total debt to equity and other investments was zero (2023: €1.6 million).

Loans provided by Enexis Holding N.V. to associates at year-end 2024 amounted to €11 million (2023: €12 million). Loans provided to Enexis Holding N.V. by associates at year-end 2024 amounted to nil (2023: nil)

The dividend received from associates amounted to nil in 2024 (2023: same).

The term ‘senior officials’ refers to members of the Executive and Supervisory Boards. Transactions with senior officials only concern remunerations. For more information, please see note 33 ‘Remuneration of the Executive and Supervisory Boards’.

The non-consolidated associates of Enexis Holding N.V. or its affiliates are listed below.