22. Other Financial Liabilities – Covestro Annual Financial Report on February 26th 2025

Other financial liabilities were comprised as follows:

Other financial liabilities
Dec. 31, 2023 Dec. 31, 2024
Total Of which current Total Of which current
€ million € million € million € million
Refund liabilities 97 97 104 104
Accrued interest on liabilities 19 16 16 16
Liabilities from derivatives 1 1
Miscellaneous financial liabilities 28 15 24 12
Total 144 128 145 133

Liabilities from derivatives mainly comprised liabilities from embedded derivatives amounting to €1 million (previous: €0 million).

Other financial liabilities include a commitment to acquire the remaining 20% interest in DIC Covestro Polymers Ltd., Tokyo (Japan). If this put option is exercised by the seller, the sale to Covestro would be effective in fiscal 2030.