21. Financial instruments

The following disclosures provide an overview of the financial instruments held by the Group, detailed information about each type of financial instrument held and information about the accounting policies used. Financial instruments according to classes and categories were as follows:


Financial instruments – classes and categories								T121
in EUR thousands	Notes	Category IFRS 7.8 according to IFRS 9		Measurement basis IFRS 9			Measurement basis IFRS 16
in EUR thousands	Notes	Category IFRS 7.8 according to IFRS 9	Carrying amount Dec 31, 2024	Amortized cost	Fair value through profit or loss	Derivatives used for hedging	Measurement basis IFRS 16	Fair value Dec 31, 2024
Financial assets
Derivative financial instruments - hedge accounting	21. (f)
Interest rate swaps - cash flow hedges		n / a	3,571			3,571		3,571
Foreign exchange derivatives - fair value hedges		n / a	1,415			1,415		1,415
Trade and other receivables	21. (a)	Amortized Cost	141,007	141,007				141,007
Trade receivables - ABS/Factoring program (mandatorily measured at FVTPL)	21. (b)	FVTPL	18,427		18,427			18,427
Other financial assets	21. (d)	Amortized Cost	7,190	7,190				7,190
Cash and cash equivalents	21. (c)	Amortized Cost	127,130	127,130				127,130
Financial liabilities
Borrowings	21. (e)	FLAC	400,526	400,526				403,673
Derivative financial instruments - hedge accounting	21. (f)
Foreign exchange derivatives - cash flow hedges		n / a	671			671		671
Foreign exchange derivatives - fair value hedges		n / a	84			84		84
Trade and other payables	21. (e)	FLAC	142,836	142,836				142,836
Lease liabilities	20	n / a	42,431				42,431	n / a
Other financial liabilities	21. (e)	FLAC	12,572	12,572				12,572
Total per category
Financial assets at amortized cost			275,327	275,327				275,327
Financial assets at fair value through profit or loss (FVTPL)			18,427		18,427			18,427
Financial liabilities at amortized cost (FLAC)			555,934	555,934				559,081

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(Continued) Financial instruments – classes and categories

in EUR thousands	Notes	Category IFRS 7.8 according to IFRS 9		Measurement basis IFRS 9			Measurement basis IFRS 16
in EUR thousands	Notes	Category IFRS 7.8 according to IFRS 9	Carrying amount Dec 31, 2023	Amortized cost	Fair value through profit or loss	Derivatives used for hedging	Measurement basis IFRS 16	Fair value Dec 31, 2023
Financial assets
Derivative financial instruments - held for trading	21. (f)
Foreign exchange derivatives		FVTPL
Derivative financial instruments - hedge accounting	21. (f)
Interest rate swaps - cash flow hedges		n / a	4,466			4,466		4,466
Foreign exchange derivatives - fair value hedges		n / a	507			507		507
Trade and other receivables	21. (a)	Amortized Cost	151,825	151,825				151,825
Trade receivables - ABS/Factoring program (mandatorily measured at FVTPL)	21. (b)	FVTPL	32,682		32,682			32,682
Other financial assets	21. (d)	Amortized Cost	3,223	3,223				3,223
Cash and cash equivalents	21. (c)	Amortized Cost	165,207	165,207				165,207
Financial liabilities
Borrowings	21. (e)	FLAC	458,744	458,744				460,550
Derivative financial instruments - held for trading
Foreign exchange derivatives		FVTPL
Derivative financial instruments - hedge accounting	21. (f)
Foreign exchange derivatives - fair value hedges		n / a	544			544		544
Trade and other payables	21. (e)	FLAC	173,659	173,659				173,659
Lease liabilities	20	n / a	42,616				42,616	n / a
Other financial liabilities	21. (e)	FLAC	8,724	8,724				8,724
Totals per category
Financial assets at amortized cost			320,255	320,255				320,255
Financial assets at fair value through profit or loss (FVTPL)			32,682		32,682			32,682
Financial liabilities at amortized cost (FLAC)			641,127	641,127				642,933
Financial liabilities at fair value through profit or loss (FVTPL)			—					—

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i. Accounting policies for trade and other receivables

Legend

These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.