Annual Report 2025

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Lamine Yamal in a red Spain adidas jersey posing in a stadium. (Photo)

22 » Other Non-Current Financial Liabilities

Other non-current financial liabilities consist of the following:

Other non-current financial liabilities € in millions

 

 

Dec. 31, 2025

 

Dec. 31, 2024

Forward exchange contracts

 

6

 

1

Currency options

 

0

 

Other non-current financial liabilities

 

7

 

1

Further information about forward exchange contracts and currency options is provided in these Notes. SEE NOTE 28