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G24 Other liabilities

Group notes – Other liabilities

 

2023

2024

Other non-current liabilities

 

 

Derivatives designated as hedging instruments

422

246

Other

809

493

Total

1,231

739

Other current liabilities

 

 

Derivatives designated as hedging instruments

1,467

1,747

Bills payable

83

19

Contract liabilities

4,054

5,105

Other

3,037

4,204

Total

8,641

11,075

Other non-current liabilities include deferred consideration regarding business combinations and liability to non-controlling interest, see note G30.

§ Accounting principles
Other liabilities

Other liabilities excluding derivatives are classified and subsequently measured at amortized cost.

Derivatives

Classified at fair value through profit and loss, with the exception of those that are designated as hedging instruments in a cash-flow hedge.

Contract liabilities

Recognized when a payment is received before the performance obligation has been satisfied.