[35] Other financial liabilities
Other financial liabilities comprise the following items: > TABLE 101
Other financial liabilities |
101 |
|||
in € million |
2018 |
2017* |
||
|
||||
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* |
||
|
||||||
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 |