7. Non-current liabilities
Non-current interest bearing loans and borrowings are specified as follows:
In € thousands | May 31, 2022 | May 31, 2021 | |
Subordinated loans Stichting Financiering Deloitte | 121,831 | 117,860 | |
Non-subordinated loans Stichting Financiering Deloitte | 3,125 | 458 | |
124,956 | 118,318 |
Repayment obligations falling due within one year are included in current liabilities:
In € thousands | May 31, 2022 | May 31, 2021 | |
Membership Capital | 225 | 325 | |
Subordinated loans Stichting Financiering Deloitte | 4,335 | 6,560 | |
4,560 | 6,885 |
The movements during the year of liabilities arising from finance activities are as follows:
In € thousands | Subordinated loans Stichting Financiering Deloitte | Non-subordinated loans Stichting Financiering Deloitte | Total | ||
Balance June 1, 2021 | 124,420 | 458 | 124,878 | ||
Additional borrowing | 12,350 | 2,898 | 15,248 | ||
Repayments | (10,835) | 0 | (10,835) | ||
Repayments in the following year | (4,104) | (231) | (4,335) | ||
Balance as of May 31, 2022 | 121,831 | 3,125 | 124,956 | ||
In € thousands | Subordinated loans Stichting Financiering Deloitte | Non-subordinated loans Stichting Financiering Deloitte | Total | ||
Balance June 1, 2020 | 127,733 | 0 | 127,733 | ||
Additional borrowing | 7,125 | 458 | 7,583 | ||
Repayments | (10,438) | 0 | (10,438) | ||
Repayments in the following year | (6,560) | 0 | (6,560) | ||
Balance as of May 31, 2021 | 117,860 | 458 | 118,318 |