7. Non-current liabilities
Non-current interest bearing loans and borrowings are specified as follows:
|
In € thousands |
May 31, 2025 |
May 31, 2024 |
|
|
Subordinated loans Stichting Financiering Deloitte |
175,876 |
184,605 |
|
|
Non-subordinated loans Stichting Financiering Deloitte |
176 |
322 |
|
|
176,052 |
184,927 |
Repayment obligations falling due within one year are included in current liabilities:
|
In € thousands |
May 31, 2025 |
May 31, 2024 |
|
|
Membership Capital |
575 |
375 |
|
|
Subordinated loans Stichting Financiering Deloitte |
14,976 |
9,118 |
|
|
Non-subordinated loans Stichting Financiering Deloitte |
100 |
355 |
|
|
15,651 |
9,848 |
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, 2024 |
193,723 |
677 |
194,400 |
||
|
Additional borrowing |
9,222 |
0 |
9,222 |
||
|
Conversion settlement prior year to subordinated loan |
925 |
0 |
925 |
||
|
Repayments |
(13,018) |
(401) |
(13,419) |
||
|
190,852 |
276 |
191,128 |
|||
|
Repayments in the following year |
(14,976) |
(100) |
(15,076) |
||
|
Balance as of May 31, 2025 |
175,876 |
176 |
176,052 |
||
|
In € thousands |
Subordinated loans Stichting Financiering Deloitte |
Non-subordinated loans Stichting Financiering Deloitte |
Total |
||
|
Balance June 1, 2023 |
133,621 |
4,839 |
138,460 |
||
|
Additional borrowing |
60,447 |
93 |
60,540 |
||
|
Conversion settlement prior year to subordinated loan |
5,913 |
0 |
5,913 |
||
|
Conversion non-subordinated loan to subordinated loan |
3,867 |
(3,867) |
0 |
||
|
Repayments |
(10,125) |
(388) |
(10,513) |
||
|
193,723 |
677 |
194,400 |
|||
|
Repayments in the following year |
(9,118) |
(355) |
(9,473) |
||
|
Balance as of May 31, 2024 |
184,605 |
322 |
184,927 |