Porsche 2009 Annual Report Download - page 220

220 Financials
[30] Non-current and current other liabilities
As of the reporting date, other liabilities break down as follows:
31/7/2010 31/7/2009 31/7/2009
thereof
€ million
continuing
operations
Advance payments received on account of orders 0 1,146 0
Other tax liabilities 4 1,760 0
Liabilities relating to social security 0 283 0
Personnel liabilities 0 1,911 0
Other liabilities
to affiliated companies 0 8 0
to joint ventures 3 14 0
Derivative financial instruments 417 3,788 1,889
Sundry liabilities 150 3,963 8
Deferred income 0 1,062 0
574 13,935 1,897
thereof non-current 540 3,074 0
thereof current 34 10,861 1,897
The item derivative financial instruments includes interest hedges, stock options and
Volkswagen AG’s call option for the remaining shares in Porsche Zwischenholding GmbH held by
Porsche SE. In the prior year this item also included forward exchange transactions.
The non-current other liabilities contain derivative financial instruments totaling €395 million
(prior year: €862 million).
Other liabilities excluding derivative financial instruments have a carrying amount of €157
million (prior year: €10,147 million). This total breaks down into other financial liabilities with a carry-
ing amount of €153 million (prior year: €2,285 million) and other non-financial liabilities with a carry-
ing amount of €4 million (prior year: €7,861 million). The non-financial other liabilities include in
particular advance payments on account of orders, other tax liabilities and deferred income.