Values

132
Group Financial Statements
Notes
24 Liabilities
in € millions 12/31/2009 12/31/2008
Non-current
Trade accounts payable 83 71
Other liabilities
Current
590 754
Trade accounts payable 2,588 2,794
Liabilities to participations 32 22
Tax liabilities 170 131
Derivative fi nancial instruments 46 77
Social security liabilities 104 104
Personnel-related liabilities 480 457
Received advance payments 50 41
Deferred items 299 279
Sundry liabilities 1,076 943
Other liabilities 2,257 2,054
Other non-current liabilities totaled €590 million (previous
year: €754 million). Th is includes liabilities from minority
shareholder put options in the amount of €114 million (previous
year: €110 million), minority interests in partnerships of
€182 million (previous year: €218 million) and derivative fi nancial
instruments of €7 million (previous year: €0 million). Prepaid
expenses include performance-linked government grants
of €1 million. An amount of €18 million was received in the year
25 Off-Balance Sheet Liabilities
under review and recognized as income. Th ese grants were
primarily to fi nance fi lm projects of RTL Group subsidiaries.
Other liabilities include supplier obligations, debtors with
credit balances and liabilities to minority shareholders. Th is
item also includes put options for minority shareholders in the
amount of €146 million (previous year: €146 million).
Minority interests in partnerships are carried at nominal
value, as their fair value cannot be determined.
Contingent Liabilities and Other Commitments
in € millions 12/31/2009 12/31/2008
Guarantees 51 90
Rental and lease commitments 1,331 1,301
Other commitments 3,233 3,211
4,615 4,602
Th e guarantees are off set by recourse rights of €8 million. It is
considered unlikely that these guarantees will be called in.
Bertelsmann Annual Report 2009