Other assets mainly comprise accrued income, prepaid expenses and deferred expenditure. Other liabilities mainly comprise deferred revenue relating to advance payments received in relation to filling lines deployed under contracts that are accounted for as operating leases. The Group’s derivative assets and liabilities are also presented as part of other assets or other liabilities. The derivatives primarily relate to commodity and foreign currency exchange derivatives as well as to interest rate swaps. See notes 25 and 33 for additional details about the Group’s derivatives.

Composition of other assets

(in € million)

 

As of
31 Dec. 2019

 

As of
31 Dec. 2018

Derivative assets

 

2.1

 

0.2

Other current assets

 

20.1

 

19.0

Other current assets

 

22.2

 

19.2

Other non-current assets

 

29.3

 

18.3

Other non-current assets

 

29.3

 

18.3

Total other current and non-current assets

 

51.5

 

37.5

Composition of other liabilities

(in € million)

 

As of
31 Dec. 2019

 

As of
31 Dec. 2018

Derivative liabilities

 

11.1

 

18.8

Deferred revenue

 

48.8

 

34.6

Other current liabilities

 

59.9

 

53.4

Derivative liabilities

 

2.6

 

1.2

Deferred revenue

 

162.4

 

100.0

Other non-current liabilities

 

165.0

 

101.2

Total other current and non-current liabilities

 

224.9

 

154.6

Deferred revenue relates to deployment of filling lines under lease and sales contracts that qualify to be accounted for as operating leases (see notes 5.5.2, 6 and 12 for further details). Advance payments received under such contracts vary between contracts and customers but are recognised as a deferred revenue liability in the statement of financial position and released to profit or loss to achieve recognition of revenue on a straight-line basis over in general ten years for sales contracts and over in general six years for lease contracts.