21. Other assets and liabilities
Other assets mainly comprise accrued income, prepaid expenses and deferred expenditure but also smaller investments made by the Group (via SIG InnoVentures AG) in early-stage companies to support the development of future packaging solutions (see note 27). Other liabilities include the contingent consideration for Scholle IPN. Moreover, the Group’s derivative assets and liabilities are presented as part of other assets or other liabilities. The derivatives primarily relate to commodity and foreign currency derivatives but also to an interest rate swap and forward interest rate agreements. See notes 26 and 32 for additional details about the Group’s derivatives.
Composition of other assets
(In € million) |
|
As of |
|
As of |
|---|---|---|---|---|
Derivative assets |
|
11.1 |
|
3.6 |
Assets held for sale |
|
13.1 |
|
- |
Other current assets |
|
23.1 |
|
19.8 |
Other current assets |
|
47.3 |
|
23.4 |
Derivative assets |
|
0.2 |
|
6.6 |
Other non-current assets |
|
29.1 |
|
25.4 |
Other non-current assets |
|
29.3 |
|
32.0 |
Total other current and non-current assets |
|
76.6 |
|
55.4 |
See note 9 for details about the Group’s chilled carton production plant in Shanghai that is in the process of getting sold.
Composition of other liabilities
(In € million) |
|
As of |
|
As of |
|---|---|---|---|---|
Derivative liabilities |
|
9.0 |
|
14.2 |
Other current liabilities |
|
9.0 |
|
14.2 |
Derivative liabilities |
|
– |
|
0.1 |
Contingent consideration |
|
3.7 |
|
55.0 |
Other non-current liabilities |
|
3.7 |
|
55.1 |
Total other current and non-current liabilities |
|
12.7 |
|
69.3 |
See notes 9 and 32 for details about the contingent consideration, which relates to the acquisition of Scholle IPN.