Annual Report 2022/2023

(14) Other financial obligations

EUR '000

 

30/06/2023

 

30/06/2022

 

 

 

 

 

Non-current

 

 

 

 

Other

 

2,080

 

1,856

 

 

2,080

 

1,856

 

 

 

 

 

Current

 

 

 

 

Other taxes

 

9,380

 

9,471

Other

 

25,897

 

27,571

 

 

35,277

 

37,042

Total other financial liabilities

 

37,357

 

38,898

Current other financial liabilities decreased year on year by EUR 1,765 thousand and included in particular liabilities relating to payroll tax and VAT and deferred liabilities.

Other financial liabilities also include refund liabilities amounting to EUR 109 thousand (previous year: EUR 47 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.

32nd match day / 13.05.2023

BVB - Bor. M'gladbach 5:2

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