40. Other financial obligations
|
|
PAYABLE |
|
PAYABLE |
|
PAYABLE |
|
TOTAL |
|---|---|---|---|---|---|---|---|---|
€ million |
|
2025 |
|
2026 – 2029 |
|
from 2030 |
|
Dec. 31, 2024 |
|
|
|
|
|
|
|
|
|
Purchase commitments in respect of |
|
|
|
|
|
|
|
|
property, plant and equipment |
|
9,424 |
|
2,557 |
|
1 |
|
11,982 |
intangible assets |
|
804 |
|
158 |
|
1 |
|
963 |
investment property |
|
42 |
|
– |
|
– |
|
42 |
|
|
|
|
|
|
|
|
|
Obligations from loan commitments and irrevocable credit commitments |
|
12,790 |
|
1,170 |
|
32 |
|
13,992 |
Obligations from leasing and rental contracts |
|
599 |
|
264 |
|
22 |
|
885 |
|
|
|
|
|
|
|
|
|
Miscellaneous other financial obligations |
|
9,471 |
|
6,082 |
|
1,232 |
|
16,785 |
|
|
33,130 |
|
10,232 |
|
1,287 |
|
44,650 |
|
|
PAYABLE |
|
PAYABLE |
|
PAYABLE |
|
TOTAL |
|---|---|---|---|---|---|---|---|---|
€ million |
|
2024 |
|
2025 – 2028 |
|
from 2029 |
|
Dec. 31, 2023 |
|
|
|
|
|
|
|
|
|
Purchase commitments in respect of |
|
|
|
|
|
|
|
|
property, plant and equipment |
|
9,932 |
|
1,750 |
|
4 |
|
11,686 |
intangible assets |
|
1,117 |
|
117 |
|
1 |
|
1,235 |
investment property |
|
13 |
|
– |
|
– |
|
13 |
|
|
|
|
|
|
|
|
|
Obligations from loan commitments and irrevocable credit commitments |
|
11,267 |
|
152 |
|
24 |
|
11,443 |
Obligations from leasing and rental contracts |
|
502 |
|
295 |
|
186 |
|
983 |
|
|
|
|
|
|
|
|
|
Miscellaneous other financial obligations |
|
6,816 |
|
4,782 |
|
1,282 |
|
12,880 |
|
|
29,648 |
|
7,097 |
|
1,497 |
|
38,241 |
Compared with the prior year, other financial obligations increased by €6.5 billion to €44.7 billion as of December 31, 2024. The rise was due largely to the equity investment in Rivian, an increase in the obligation from irrevocable credit commitments in the Financial Services Division and higher purchase commitments for property, plant, equipment and services.
In addition to the other financial obligations shown in the table, purchase commitments exist for inventories with a short turnover period, which arise primarily from the Master Collaboration Agreement with Ford Motor Company for the joint development of vans and mid-sized pickups for the global market. Furthermore, there are long-term purchase obligations under battery purchase agreements.