[34] Other financial liabilities

Other financial liabilities comprise the following items: > TABLE 093

The non-current derivative financial instruments consist of a number of interest-rate derivatives that were entered into in order to hedge the interest-rate risk resulting from the floating-rate tranches of the promissory note. The current derivative financial instruments include a call option of Weichai Power (Luxembourg) Holding S.à r.l., Luxembourg (‘Weichai Power’) on the 10 per cent equity investment of the KION Group in Linde Hydraulics amounting to €0.0 million (31 December 2016: €0.3 million).

The liabilities for financial services relate to the funding of the long-term leasing business.

The liabilities from finance leases comprise liabilities arising from the financing of industrial trucks for short-term rental of €493.8 million (31 December 2016: €440.0 million) and residual value obligations of €18.2 million (31 December 2016: €16.7 million). The KION Group has also recognised other financial liabilities amounting to €29.4 million (31 December 2016: €21.0 million) arising from procurement leases classified as finance leases due to their terms and conditions.

The liabilities from finance leases are based on the following future minimum lease payments: > TABLE 094