27. Financial liabilities

In € thousand

2016 long term

2016 short term

2015 long term

2015 short term

Liabilities from loans

14,959

9

15,613

45

Derivative financial instruments

15,842

14,713

2,711

15,211

Financial liabilities

30,801

14,723

18,324

15,256

Subordinated liabilities

846,043

0

845,745

250,000

Total

876,844

14,723

864,070

265,256

With the exception of the subordinated liabilities, the carrying amounts of the financial liabilities are equal to the fair values.

In € thousand

Liabilities from loans

Derivative financial instruments

Subordinated liabilities

Carrying amount at 1 January 2015

16,692

32,489

600,000

Additions

6

1,401

495,745

Changes from currency translation

–1

0

0

Profit or loss from changes of exchange rates

0

–1,059

0

Ordinary amortisation

–1,039

–14,909

0

Carrying amount at 1 January 2016

15,658

17,922

1,095,745

Additions

0

12,805

0

Changes from currency translation

2

0

0

Profit or loss from changes of exchange rates

0

–173

0

Ordinary amortisation

–691

0

–249,703

Carrying amount at 31 December 2016

14,968

30,555

846,043

Projected funds flow at 31 December 2016

In € thousand

2017

2018

2019

2020

2021

>2021

Liabilities from loans

978

960

951

942

8,349

2,910

Derivative financial instruments

14,713

231

750

2,939

10,018

1,903

Subordinated liabilities

54,813

54,813

54,813

54,964

54,813

1,050,960

Total

70,505

56,004

56,514

58,844

73,181

1,055,773

Projected funds flow at 31 December 2015

In € thousand

2016

2017

2018

2019

2020

>2020

Liabilities from loans

978

969

960

951

942

11,380

Derivative financial instruments

4,800

2,262

2,192

2,076

1,670

8,174

Subordinated liabilities

318,140

54,813

54,813

54,813

54,964

1,105,773

Total

323,918

58,044

57,965

57,840

57,575

1,125,327