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Note 34. Other liabilities

Other non-current liabilities consist of the following:

Other non-current liabilities
EUR '000

 

31/12/2021

31/12/2020

Other non-current financial liabilities (particularly from derivatives)

3,378

24,241

Non-current non-financial accruals for personnel expenses

2,045

1,523

Other non-current non-financial liabilities (particularly partial retirement obligations)

1,316

1,098

Total

6,740

26,861

Other current liabilities consist of the following:

Other current liabilities
EUR '000

 

31/12/2021

31/12/2020

Other current financial liabilities

 

 

Derivatives not yet settled (open positions)

25,027

44,018

Other accruals

32,898

22,418

Contract liabilities – accruals for discounts and rebates (see note 5)

2,681

1,725

Other current financial liabilities

4,863

6,405

 

65,469

74,566

Other current non-financial liabilities

 

 

Liabilities from other taxes

7,409

4,269

Wage and salary liabilities

6,644

6,742

Social security liabilities

6,776

6,304

Contract liabilities – down payments received (see note 5)

14,526

20,918

Accruals for personnel expenses

76,073

24,782

Deferred income and other

3,484

4,184

 

114,913

67,199

Total

180,382

141,765

The accruals for personnel costs consist primarily of liabilities for short-term claims by active and former employees (in particular, for unused vacation and compensation time, overtime and performance bonuses).

Other accruals cover, above all, anticipated losses from revenue reductions/increases in expenses from transactions with customers and suppliers (in particular, discounts and rebates) and liabilities for the delivery of goods and the performance of services by third parties which have not yet been invoiced.

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