22 » Other Non-Current Financial Liabilities

Other non-current financial liabilities consist of the following:

Other non-current financial liabilities € in millions

 

 

Dec. 31, 2021

 

Dec. 31, 2020

Forward exchange contracts

 

6

 

17

Revaluation of total return swap

 

15

 

9

Embedded derivatives

 

31

 

85

Sundry

 

 

4

Other non-current financial liabilities

 

51

 

115

Embedded derivatives relate to the equity-neutral convertible bond which was issued on September 5, 2018.

Further information about forward exchange contracts is provided in these Notes. See Note 28