[35] Other financial liabilities

Other financial liabilities comprise the following items: > TABLE 101

Other financial liabilities

101

in € million

2018

2017*

*

Other financial liabilities for 2017 were restated due to the initial application of IFRS 15 and IFRS 16

Liabilities from short-term rental fleet financing

185.0

350.6

Liabilities from procurement leases

327.1

287.5

Derivative financial instruments

7.9

1.9

Sundry other financial liabilities

4.7

23.6

Other non-current financial liabilities

524.6

663.6

 

 

 

Liabilities from short-term rental fleet financing

104.9

165.1

Liabilities from procurement leases

94.2

81.7

Derivative financial instruments

6.4

3.3

Liabilities from accrued interest

15.2

14.5

Sundry other financial liabilities

67.9

34.1

Other current financial liabilities

288.6

298.6

 

 

 

Total other financial liabilities

813.2

962.2

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.

Liabilities from short-term rental fleet financing relate to the financing of the short-term rental fleet by means of sale-and-leaseback sub-lease transactions entered into up to 31 December 2017 in the amount of €289.9 million (31 December 2017: €515.7 million).

The amounts recognised as liabilities from short-term rental fleet financing and from procurement leases are based on the maturities shown in > TABLE 102.

Maturity analysis of other financial liabilities

102

 

Procurement leases

Financing short-term rental fleet

in € million

2018

2017*

2018

2017*

*

Other financial liabilities for 2017 were restated due to the initial application of IFRS 15 and IFRS 16

Total future payments (gross)

464.1

402.0

315.0

552.0

due within one year

105.8

90.6

122.8

189.1

due in one to two years

79.7

70.0

86.6

163.6

due in two to three years

57.5

50.1

53.8

102.0

due in three to four years

45.7

39.5

34.4

65.2

due in four to five years

34.0

29.4

12.2

23.1

due in more than five years

141.3

122.3

5.2

9.1