[36] Other financial liabilities
Non-current and current other financial liabilities comprised the following items:
in € million |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
Liabilities from procurement leases |
427.5 |
418.4 |
Derivative financial instruments |
1.4 |
9.7 |
Sundry financial liabilities |
4.3 |
4.0 |
Other non-current financial liabilities |
433.2 |
432.1 |
|
|
|
Liabilities from procurement leases |
116.2 |
108.6 |
Derivative financial instruments |
15.2 |
6.9 |
Liabilities from accrued interest |
5.4 |
5.5 |
Sundry financial liabilities |
82.1 |
93.7 |
Other current financial liabilities |
218.8 |
214.8 |
|
|
|
Total other financial liabilities |
652.0 |
646.9 |
Liabilities from procurement leases had the following underlying maturities:
in € million |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
Total future payments (gross) |
615.3 |
599.2 |
due within one year |
127.7 |
121.3 |
due in one to two years |
100.2 |
98.8 |
due in two to three years |
76.7 |
76.1 |
due in three to four years |
56.5 |
56.9 |
due in four to five years |
42.8 |
42.5 |
due in more than five years |
211.4 |
203.6 |
Derivative financial instruments comprise currency forwards and interest-rate swaps with a negative fair value that are used to reduce currency risk and interest-rate risk. Some of these derivative financial instruments are part of a formally documented hedge with a hedged item and are recognized in accordance with the hedge accounting rules (see note [42]).