• Consolidated Financial Statements 
  • Auditor`s Report 
  • Consolidated statement of income 
  • Consolidated balance sheet 
  • Consolidated cash flow statement 
  • Consolidated Statement of Shareholders´ Equity 
  • Segment Reporting 
  • Notes 
    • General Notes 
    • Notes on the consolidated statement of income 
    • Notes on the consolidated balance sheet 
      • 13. Cash and cash equivalents 
      • 14. Trade accounts receivable 
      • 15. Inventories 
      • 16. Prepaid expenses and other current and non-current asset 
      • 17. Property, plant and equipment 
      • 18. Goodwill and other intangible assets 
      • 19. Other accrued expenses 
      • 20. Other liabilities 
      • 21. Debt and liabilities from capital lease obligations 
      • 22. Senior Notes 
      • 23. Mandatory Exchangeable Bonds 
      • 24. Pensions and similar obligations 
      • 25. Trust preferred securities 
      • 26. Minority interest 
      • 27. Shareholders’ equity 
      • 28. Other comprehensive income (loss) 
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    • Notes in accordance with the german commercial code (HGB) 

Home Consolidated Financial Statements Notes Notes on the consolidated balance sheet 20. Other liabilities

20. OTHER LIABILITIES

As of December 31, other liabilities consisted of the following:

	2008		2007
in million €		thereof short-term		thereof short-term
Derivative financial instruments	239	100	34	10
Accounts payable resulting from German “Krankenhausfinanzierungsgesetz”	187	174	187	172
Interest liabilities	98	98	75	75
Tax liabilities	96	93	99	96
Accounts receivable credit balance	95	23	83	24
Personnel liabilities	73	70	66	64
Advance payments from customers	69	32	82	57
All other liabilities	582	453	505	384
Other liabilities	1,439	1,043	1,131	882

The payables resulting from the German “Krankenhausfinanzierungsgesetz” primarily contain earmarked subsidies received but not yet spent appropriately by Fresenius Helios. The amount not yet spent appropriately is classified as liability.

Of the total amount of other non-current liabilities € 396 million at December 31, 2008, € 315 million were due between one and five years and € 81 million were due later than five years. The balance sheet line item long-term accrued expenses and other long-term liabilities of € 475 million also included long-term accrued expenses of € 79 million as of December 31, 2008.