06 » Other Current Financial Assets
Other current financial assets consist of the following:
|
|
Dec. 31, 2024 |
|
Dec. 31, 2023 |
|---|---|---|---|---|
Currency options |
|
22 |
|
8 |
Forward exchange contracts |
|
217 |
|
80 |
Suppliers with debit balances |
|
38 |
|
37 |
Security deposits |
|
66 |
|
50 |
Receivables from credit cards and similar receivables |
|
219 |
|
269 |
Receivables from retail business |
|
81 |
|
71 |
Other investments |
|
75 |
|
14 |
Earn-out components |
|
157 |
|
– |
Sundry |
|
80 |
|
104 |
Other current financial assets, gross |
|
955 |
|
633 |
Less: accumulated allowances |
|
(6) |
|
(18) |
Other current financial assets, net |
|
950 |
|
614 |
Prior year figures were adjusted due to a reclassification of customs refund claims between other current financial assets and other current assets.
The increase in ‘Other investments’ results from the investment in securities for variable compensation components from long-term financial assets due to its maturity, as well as an increase of the fair value by € 17 million, which results from the stock price development.
The increase in earn-out components reflects the reclassification to current financial assets due to expected payments within the next 12 months. These Notes contain further information about earn-out components. SEE NOTE 03 SEE NOTE 28
Further information about currency options and forward exchange contracts is contained in these Notes. SEE NOTE 28