7. Non-current liabilities
Non-current interest bearing loans and borrowings are specified as follows:
In € thousands | May 31, 2023 | May 31, 2022 | |
Subordinated loans Stichting Financiering Deloitte | 127,501 | 121,831 | |
Non-subordinated loans Stichting Financiering Deloitte | 4,451 | 3,125 | |
131,952 | 124,956 |
Repayment obligations falling due within one year are included in current liabilities:
In € thousands | May 31, 2023 | May 31, 2022 | |
Membership Capital | 325 | 225 | |
Subordinated loans Stichting Financiering Deloitte | 6,120 | 4,104 | |
Non-subordinated loans Stichting Financiering Deloitte | 388 | 231 | |
6,833 | 4,560 |
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, 2022 | 125,935 | 3,356 | 129,291 | ||
Additional borrowing | 13,300 | 1,756 | 15,056 | ||
Repayments | (5,614) | (273) | (5,887) | ||
Repayments in the following year | (6,120) | (388) | (6,508) | ||
Balance as of May 31, 2023 | 127,501 | 4,451 | 131,952 | ||
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 |