Capital Structure, Investments, and Financing Activities

(38) Other financial liabilities

Accounting and measurement policies

Other financial liabilities

With the exception of liabilities from derivatives and contingent considerations recognized in the context of business combinations according to IFRS 3, other financial liabilities are initially measured at fair value and in subsequent periods at amortized cost, applying the effective interest method. The accounting and measurement policies for derivatives are presented in Note (39) “Derivative financial instruments”.

Other financial liabilities comprised the following:

Other financial liabilities

 

 

Dec. 31, 2024

 

Dec. 31, 2023

€ million

 

Current

 

Non-current

 

Total

 

Current

 

Non-current

 

Total

Miscellaneous other financial liabilities

 

993

 

116

 

1.109

 

998

 

129

 

1.127

thereof: liabilities to related parties

 

743

 

 

743

 

732

 

 

732

thereof: interest accruals

 

50

 

 

50

 

47

 

 

47

Liabilities from derivatives (operational)

 

38

 

18

 

56

 

7

 

18

 

25

Other financial liabilities

 

1.030

 

135

 

1.165

 

1.005

 

147

 

1.152

The liabilities to related parties primarily consist of liabilities to E. Merck KG, Darmstadt, Germany.

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