[32] Other financial liabilities

Other financial liabilities comprise the following items: >> Table 082

Other financial liabilities

 

>> TABLE 082

in € million

2013

2012

 

 

 

Liabilities from finance leases

220.0

208.1

Deferred income

139.4

132.7

Sundry other liabilities

5.6

4.3

Derivative financial instruments

27.2

10.0

Other non-current liabilities

392.1

355.1

 

 

 

Liabilities from finance leases

143.0

92.2

Deferred income

81.3

84.4

Personnel liabilities

162.0

161.6

Derivative financial instruments

1.9

33.6

Social security liabilities

36.4

40.5

Tax liabilities

66.3

65.9

Advances received from third parties

32.4

37.6

Liabilities on bills of exchange

1.8

2.3

Liabilities from accrued interest

18.9

9.6

Sundry current financial liabilities

33.4

29.4

Other current liabilities

577.3

557.0

 

 

 

Total other liabilities

969.4

912.1

The non-current derivative financial instruments include, among other things, two call options on the remaining shares in Linde Hydraulics amounting to €27.2 million (2012: €16.5 million).

The finance lease obligations comprise liabilities arising from the financing of industrial trucks for short-term rental of €327.5 million (2012: €263.7 million) and residual value obligations of €17.3 million (2012: €21.4 million). The KION Group has also recognised other financial liabilities amounting to €18.2 million (31 December 2012: €15.2 million) arising from procurement leases, which are classified as finance leases due to their terms and conditions.

The finance lease obligations are based on the following future minimum rental payments: >> Table 083

Minimum lease payments

 

>> TABLE 083

in € million

2013

2012

 

 

 

Total minimum lease payments (gross)

402.2

331.6

due within one year

159.3

105.5

due in one to five years

235.3

217.9

due in more than five years

7.5

8.2

 

 

 

Present value of minimum lease payments

363.0

300.3

due within one year

143.0

92.2

due in one to five years

212.9

200.3

due in more than five years

7.1

7.9

 

 

 

Interest included in minimum lease payments

39.2

31.2