24 » Other Non-Current Financial Liabilities
Other non-current financial liabilities consist of the following:
|
|
Dec. 31, 2019 |
|
Dec. 31, 2018 |
|---|---|---|---|---|
Forward exchange contracts |
|
7 |
|
2 |
Embedded derivatives |
|
86 |
|
20 |
Finance lease obligations |
|
– |
|
81 |
Other non-current financial liabilities |
|
92 |
|
103 |
Embedded derivatives relate to the equity-neutral convertible bond which was issued on September 5, 2018. In 2018, finance lease obligations are mainly related to two buildings at the adidas headquarters in Herzogenaurach.
Further information about forward exchange contracts is provided in these Notes. note 30
In 2019, lease liabilities according to IFRS 16 are shown separately in the consolidated statement of financial position. A reclassification of lease liabilities accounted for under IAS 17 was not made for 2018.