5. Financial liabilities
Financial liabilities consists of:
EUR million | 2024 | 2023 |
Bank loans | 62.6 | 2.1 |
Other loans | 0.4 | 0.3 |
Financial lease liabilities | 3.2 | 4.0 |
Total | 68.6 | 6.4 |
Financial lease liabilities have the following maturity structure:
EUR million | 2024 | 2023 |
Less than 12 months | 0.6 | 0.8 |
12 months to 60 months | 1.9 | 2.0 |
More than 60 months | 0.7 | 1.3 |
Total | 3.2 | 4.0 |
Total financial liabilities have the following maturities and currencies:
EUR million | 2024 | 2023 |
Split by maturity | ||
Less than 12 months | 4.3 | 1.7 |
12 months to 60 months | 63.5 | 3.5 |
More than 60 months | 0.7 | 1.3 |
Total | 68.6 | 6.4 |
Split by currency | ||
CAD | 0.3 | 0.2 |
CHF | 42.6 | 0.1 |
EUR | 25.7 | 6.1 |
Total | 68.6 | 6.4 |
Short-term loans are at average interest rates of 2.5% (previous year: 1.8%). Long-term loans are at average interest rates of 1.7% (previous year: 1.9%).