9 Other current liabilities
|
|
2020 |
|
2019 |
|
|
|
|
|
Liabilities to subsidiaries |
|
2,308 |
|
1,333 |
Other liabilities |
|
92 |
|
45 |
Total |
|
2,400 |
|
1,378 |
The Liabilities to subsidiaries concerns mainly the current account towards the DSM internal financing company. These liabilities carry a short-term maturity and are interest-bearing. The increase of this current account in 2020 is mainly caused by capital payments, dividend payments, repurchase of own shares, offset by dividend receipts from subsidiaries. The carrying values of the recorded liabilities are a reasonable approximation of their respective fair values, given the short maturities of the positions.