102 / 130
27 Other liabilities
CHF million
31.12.2015 31.12.2014
Advance payments from customers
18.5
15.3
Other payables
1.4
1.8
Total non-current portion
19.9
17.1
Advance payments from customers
44.3
35.6
Accrued holidays and overtime
10.4
12.9
Accrued expenses and deferred income
51.2
42.2
Fair value of derivative financial instruments
1.8
2.5
Non-income tax payables
12.0
14.4
Other payables
28.3
31.4
Total current portion
148.1
139.0
Other payables are non-interest bearing.
28 Other commitments
Some Group companies rent factory and office space under operating lease agreements. The leases
have varying terms, escalation clauses and renewal rights.
The future, cumulated minimum lease payments for operating leases are due as follows:
CHF million
31.12.2015 31.12.2014
Less than 1 year
24.8
25.1
1 to 5 years
70.4
68.4
Thereafter
59.8
41.2
Total
154.9
134.7
In the reporting period, CHF 32.6 million was charged to the income statement under operating
leasing expenses (2014: CHF 31.3 million).
At year-end, open commitments for large investments in tangible assets summed up to CHF 29.3 mil-
lion (2014: CHF 24.9 million).
29 Contingent liabilities
Along with other automobile suppliers, Autoneum Germany GmbH, a subsidiary of Autoneum
Holding Ltd, was subject to investigations by the German Federal Cartel Office in 2013. The investiga-
tions affected, among others, the market for floor systems and trunk trim. The investigations were
closed in 2015 and led to a settlement payment of CHF 31.5 million.
There are no single matters pending that Autoneum expects to be material in relation to the
Group’s business, financial position or results of operations.
98
Autoneum
Financial Report 2015
Consolidated financial statements