NET-AF-02 Settled
Aurora Freight Group In-House Bank · Aurora Freight Group plc · value date 31 May 2026 · settled 01 Jun 2026
Gross intercompany payable
$100M
Net settlement
$22M
Payments before → after
34 → 7
27 eliminated
FX + wire cost saved
$274K
Obligation matrix
Rows owe columns · amounts in USD, converted from each debtor's currency
Debtor down the side, creditor across the top. One hue, light to dark — magnitude is never a rainbow.
View data table
| Debtor | Creditor | Gross owed |
|---|---|---|
| Treasury | Asia | $9,684,293 |
| Treasury | Japan | $2,561,176 |
| UK | Treasury | $4,423,064 |
| UK | Deutschland | $4,702,205 |
| UK | Asia | $6,683,979 |
| UK | Japan | $7,377,170 |
| Deutschland | Nederland | $963,130 |
| Deutschland | USA | $7,738,193 |
| Deutschland | Japan | $3,376,539 |
| Nederland | USA | $4,398,820 |
| Nederland | Japan | $2,631,735 |
| Asia | UK | $4,393,979 |
| Asia | Deutschland | $9,079,665 |
| Asia | Nederland | $4,320,541 |
| Asia | USA | $3,616,063 |
| USA | Treasury | $2,575,867 |
| USA | UK | $2,278,091 |
| USA | Nederland | $6,362,065 |
| Japan | Treasury | $1,096,412 |
| Japan | Nederland | $4,527,238 |
| Japan | Asia | $3,850,521 |
| Japan | USA | $3,365,552 |
Net positions
One net payment per entity replaces all of its gross flows · the nets sum to zero
| Entity | Gross payable | Gross receivable | Net position | Direction | Settles in |
|---|---|---|---|---|---|
| Aurora Freight Nederland BV | $7,030,555 | $16,172,974 | +$9,142,419 | Receives | USD |
| Aurora Freight USA Inc | $11,216,023 | $19,118,628 | +$7,902,605 | Receives | USD |
| Aurora Freight Japan KK | $12,839,723 | $15,946,620 | +$3,106,897 | Receives | USD |
| Aurora Freight Deutschland GmbH | $12,077,862 | $13,781,870 | +$1,704,008 | Receives | USD |
| Aurora Freight Asia Pte | $21,410,248 | $20,218,793 | $-1,191,455 | Pays | USD |
| Aurora Freight Treasury Centre | $12,245,469 | $8,095,343 | $-4,150,126 | Pays | USD |
| Aurora Freight UK Ltd | $23,186,418 | $6,672,070 | $-16,514,348 | Pays | USD |
Settlement instructions
Generated against the group netting centre · pay-ins and pay-outs net to zero
| Reference | Entity | Instruction | Counterparty | Amount | Value date | Status |
|---|---|---|---|---|---|---|
| NET-AF-02-2 | Aurora Freight UK Ltd | Pay in | Group Netting Centre | $16,514,347.99 | 31 May 2026 | Generated |
| NET-AF-02-1 | Aurora Freight Treasury Centre | Pay in | Group Netting Centre | $4,150,126.00 | 31 May 2026 | Generated |
| NET-AF-02-5 | Aurora Freight Asia Pte | Pay in | Group Netting Centre | $1,191,455.00 | 31 May 2026 | Generated |
| NET-AF-02-4 | Aurora Freight Nederland BV | Pay out | Group Netting Centre | $9,142,419.00 | 31 May 2026 | Generated |
| NET-AF-02-6 | Aurora Freight USA Inc | Pay out | Group Netting Centre | $7,902,604.99 | 31 May 2026 | Generated |
| NET-AF-02-7 | Aurora Freight Japan KK | Pay out | Group Netting Centre | $3,106,896.99 | 31 May 2026 | Generated |
| NET-AF-02-3 | Aurora Freight Deutschland GmbH | Pay out | Group Netting Centre | $1,704,008.01 | 31 May 2026 | Generated |
| Pay-ins $21,855,929 · Pay-outs $21,855,929 | $0.00 | nets to zero | ||||
Underlying obligations
34 gross intercompany invoices feeding this cycle
Loan interest · $30M
Goods · $27M
Management fee · $16M
Royalty · $14M
Cost sharing · $13M
| Invoice | From (debtor) | To (creditor) | Category | Amount | Base (USD) |
|---|---|---|---|---|---|
| NET-AF-02-INV-0016 | Aurora Freight Asia Pte | Aurora Freight Deutschland GmbH | Goods | S$6,616,354 | $4,896,102 |
| NET-AF-02-INV-0026 | Aurora Freight UK Ltd | Aurora Freight Japan KK | Cost sharing | £3,779,941 | $4,800,525 |
| NET-AF-02-INV-0015 | Aurora Freight UK Ltd | Aurora Freight Asia Pte | Loan interest | £3,676,340 | $4,668,952 |
| NET-AF-02-INV-0021 | Aurora Freight Treasury Centre | Aurora Freight Asia Pte | Loan interest | $4,571,037 | $4,571,037 |
| NET-AF-02-INV-0005 | Aurora Freight UK Ltd | Aurora Freight Treasury Centre | Goods | £3,482,728 | $4,423,064 |
| NET-AF-02-INV-0024 | Aurora Freight Nederland BV | Aurora Freight USA Inc | Goods | €4,072,981 | $4,398,820 |
| NET-AF-02-INV-0007 | Aurora Freight Asia Pte | Aurora Freight UK Ltd | Management fee | S$5,937,809 | $4,393,979 |
| NET-AF-02-INV-0034 | Aurora Freight Asia Pte | Aurora Freight Nederland BV | Loan interest | S$5,838,569 | $4,320,541 |
| NET-AF-02-INV-0001 | Aurora Freight Japan KK | Aurora Freight Nederland BV | Cost sharing | ¥639,472,836 | $4,284,468 |
| NET-AF-02-INV-0020 | Aurora Freight UK Ltd | Aurora Freight Deutschland GmbH | Royalty | £3,349,543 | $4,253,919 |
| NET-AF-02-INV-0017 | Aurora Freight Deutschland GmbH | Aurora Freight USA Inc | Goods | €3,881,612 | $4,192,141 |
| NET-AF-02-INV-0008 | Aurora Freight Japan KK | Aurora Freight Asia Pte | Management fee | ¥574,704,627 | $3,850,521 |
| NET-AF-02-INV-0023 | Aurora Freight Asia Pte | Aurora Freight USA Inc | Royalty | S$4,886,572 | $3,616,063 |
| NET-AF-02-INV-0011 | Aurora Freight Deutschland GmbH | Aurora Freight Japan KK | Loan interest | €3,126,425 | $3,376,539 |
| NET-AF-02-INV-0009 | Aurora Freight Japan KK | Aurora Freight USA Inc | Royalty | ¥502,321,194 | $3,365,552 |
| NET-AF-02-INV-0018 | Aurora Freight USA Inc | Aurora Freight Nederland BV | Loan interest | $3,238,232 | $3,238,232 |
| NET-AF-02-INV-0027 | Aurora Freight USA Inc | Aurora Freight Nederland BV | Loan interest | $3,123,833 | $3,123,833 |
| NET-AF-02-INV-0019 | Aurora Freight Treasury Centre | Aurora Freight Asia Pte | Management fee | $2,885,243 | $2,885,243 |
| NET-AF-02-INV-0022 | Aurora Freight Nederland BV | Aurora Freight Japan KK | Goods | €2,436,792 | $2,631,735 |
| NET-AF-02-INV-0030 | Aurora Freight USA Inc | Aurora Freight Treasury Centre | Goods | $2,575,867 | $2,575,867 |
| NET-AF-02-INV-0031 | Aurora Freight Treasury Centre | Aurora Freight Japan KK | Goods | $2,561,176 | $2,561,176 |
| NET-AF-02-INV-0025 | Aurora Freight Deutschland GmbH | Aurora Freight USA Inc | Loan interest | €2,360,767 | $2,549,628 |
| NET-AF-02-INV-0028 | Aurora Freight Asia Pte | Aurora Freight Deutschland GmbH | Management fee | S$3,334,324 | $2,467,400 |
| NET-AF-02-INV-0029 | Aurora Freight USA Inc | Aurora Freight UK Ltd | Cost sharing | $2,278,091 | $2,278,091 |
| NET-AF-02-INV-0004 | Aurora Freight Treasury Centre | Aurora Freight Asia Pte | Royalty | $2,228,013 | $2,228,013 |
| NET-AF-02-INV-0012 | Aurora Freight UK Ltd | Aurora Freight Japan KK | Loan interest | £1,663,509 | $2,112,657 |
| NET-AF-02-INV-0014 | Aurora Freight UK Ltd | Aurora Freight Asia Pte | Management fee | £1,586,635 | $2,015,027 |
| NET-AF-02-INV-0002 | Aurora Freight Asia Pte | Aurora Freight Deutschland GmbH | Loan interest | S$2,319,139 | $1,716,163 |
| NET-AF-02-INV-0013 | Aurora Freight Japan KK | Aurora Freight Treasury Centre | Cost sharing | ¥163,643,582 | $1,096,412 |
| NET-AF-02-INV-0033 | Aurora Freight Deutschland GmbH | Aurora Freight USA Inc | Goods | €922,615 | $996,424 |
| NET-AF-02-INV-0006 | Aurora Freight Deutschland GmbH | Aurora Freight Nederland BV | Royalty | €891,787 | $963,130 |
| NET-AF-02-INV-0010 | Aurora Freight UK Ltd | Aurora Freight Japan KK | Cost sharing | £365,345 | $463,988 |
| NET-AF-02-INV-0032 | Aurora Freight UK Ltd | Aurora Freight Deutschland GmbH | Management fee | £352,981 | $448,286 |
| NET-AF-02-INV-0003 | Aurora Freight Japan KK | Aurora Freight Nederland BV | Management fee | ¥36,234,328 | $242,770 |