23 Financial liabilities
Financial liabilities are generally recognized at amortized cost using the effective interest method.
|
|
30 Sep 2025 |
|
30 Sep 2024 |
|---|---|---|---|---|
|
|
€k |
|
€k |
Loans from related parties (incl. accrued interest) |
|
402,481 |
|
402,481 |
Liabilities from contingent purchase price components |
|
58,584 |
|
64,272 |
» thereof Preceyes B.V., Eindhoven, Netherlands |
|
18,376 |
|
20,103 |
» thereof Kogent Surgical LLC, Chesterfield, US |
|
24,407 |
|
25,121 |
» thereof Audioptics Medical Inc., Halifax, Canada |
|
7,282 |
|
10,320 |
» thereof InfiniteVision Optics S.A.S., Strasbourg, France |
|
4,141 |
|
4,113 |
» thereof Katalyst Surgical LLC, Chesterfield, US |
|
3,364 |
|
3,551 |
» thereof Peregrine Surgical Ltd., New Britain (US) |
|
1,014 |
|
1,064 |
Currency forward contracts |
|
1,224 |
|
3,756 |
Credit accounts receivable |
|
10,700 |
|
5,160 |
Other financial liabilities |
|
1,921 |
|
2,338 |
|
|
474,910 |
|
478,007 |
Of the total financial liabilities €455,357k (prior year: €458,897k) have a remaining maturity of more than one year.
The liabilities from contingent purchase price components shown in the table include the fair value of the performance-related components of the purchase price and result mainly from acquisitions in recent years.
The change in liabilities from contingent purchase price components mainly resulted from the remeasurement of some contingent purchase price obligations due to reduced expectations regarding the future earnings contributions of the acquired business, in particular due to time delays, amounting to €-4,679k. In addition, the purchase price components were revalued for most of the companies due to a change in capital costs, in the amount of €-1,444k. In fiscal year 2024/25, €2,469k was paid for contingent purchase price components from the acquisition of Audioptics Medical, Inc. All purchase price components and obligations include the interest accrued to date and, if the obligation is denominated in a foreign currency, the associated currency effects from translation.