(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:
|
|
Dec. 31, 2025 |
|
Dec. 31, 2024 |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
€ million |
|
Current |
|
Non-current |
|
Total |
|
Current1 |
|
Non-current1 |
|
Total |
||||
Miscellaneous other financial liabilities |
|
976 |
|
85 |
|
1,061 |
|
993 |
|
126 |
|
1,118 |
||||
thereof: liabilities to related parties |
|
750 |
|
– |
|
750 |
|
743 |
|
– |
|
743 |
||||
thereof: interest accruals |
|
74 |
|
– |
|
74 |
|
50 |
|
– |
|
50 |
||||
Liabilities from derivatives (operational) |
|
21 |
|
19 |
|
41 |
|
38 |
|
18 |
|
56 |
||||
Other financial liabilities |
|
998 |
|
104 |
|
1,102 |
|
1,031 |
|
144 |
|
1,174 |
||||
|
||||||||||||||||
The liabilities to related parties primarily consist of liabilities to E. Merck KG, Darmstadt, Germany.