(13) Other financial obligations

EUR '000

 

30/06/2020

 

30/06/2019

 

 

 

 

 

Non-current

 

 

 

 

Other

 

0

 

7,204

 

 

0

 

7,204

 

 

 

 

 

Current

 

 

 

 

Other taxes

 

9,949

 

8,106

Other

 

29,166

 

25,549

 

 

39,115

 

33,655

Total other financial liabilities

 

39,115

 

40,859

Current other financial liabilities increased by EUR 5,460 thousand. This increase was due mainly to the fact that services in the match operations division were not rendered because the COVID-19 pandemic meant that spectators were not admitted to the stadium when Bundesliga match play resumed.

In addition, other financial liabilities include refund liabilities amounting to EUR 219 thousand (previous year: EUR 38 thousand). The refund liability relates to the customer's right to return products within 30 days of purchase. A refund liability and a corresponding adjustment of revenue is recognised at the time of sale for products for which a return is expected.

4th match day UCL / 05.11.2019

BVB - Inter Mailand 3:2

Sporting Highlights