Annual Report 2023

40. Non-current and current liabilities to related parties

The decline in recognised lease liabilities is primarily due to the planned redemption of lease liabilities and the expiry of lease terms. For more details, see also Note 45 and Note 48.

Other liabilities to FHH relate to other liabilities in the form of prepaid compensation resulting from the urban development of the Grasbrook district in the amount of € 31,204 thousand (previous year: receivables of € 8,308 thousand). For further information, please see Note 48.

For more details of the liquidity risk, please refer to Note 47.

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