24. Other Financial Obligations
The content of this section is not part of the statutory audit of the annual financial statements but has undergone a separate limited assurance by our auditor.
The content of this section is voluntary, unaudited information, which was critically read by the auditor.
The figures listed below are stated at nominal value:
Million € |
Dec. 31, 2024 |
Dec. 31, 2023 |
|---|---|---|
Bills of exchange |
1 |
1 |
Guarantees |
20 |
30 |
Warranties |
32 |
30 |
Collateral granted on behalf of third-party liabilities |
0 |
– |
Initiated investment projects |
7,027 |
11,064 |
of which purchase commitments |
2,158 |
4,474 |
for the purchase of intangible assets |
7 |
9 |
Payment and loan commitments and other financial obligations |
314 |
301 |
The table does not include financial guarantees (for more information on financial guarantees, see Note 25).
Obligations arising from purchase contracts
Obligations from purchase contracts resulted primarily from long-term purchase obligations for raw materials as well as supply agreements for energy from renewable sources (for more information on long-term energy supply agreements, see “Climate change” in the Combined Management’s Report).
Million € |
Dec. 31, 2024 |
Dec. 31, 2023 |
|---|---|---|
Following year 1 |
7,169 |
7,726 |
Following year 2 |
3,341 |
4,088 |
Following year 3 |
2,798 |
3,195 |
Following year 4 |
2,433 |
3,084 |
Following year 5 |
2,322 |
1,968 |
Following year 6 and maturities beyond this year |
11,228 |
9,621 |
Total |
29,292 |
29,681 |
This content fulfills the Disclosure Requirements of the European Sustainability Reporting Standards (ESRS). The ESRS Index gives an overview of the references to the ESRSs in this report.