29 Financial obligations

31.12.2025

31.12.2024

T€

Total

thereof current

thereof non- current

Total

thereof current

thereof non- current

Bank borrowings

460,874

160,344

300,530

536,394

228,609

307,785

Lease liabilities

367,997

70,695

297,302

390,874

65,969

324,905

Financial obligations

828,871

231,039

597,832

927,268

294,578

632,690

Collateral (mainly mortgages) is provided to cover bank borrowings in the amount of T€ 19,250 (2024: T€ 20,046).

The bank borrowings include non-recourse liabilities in the amount of T€ 399,453 (thereof non-current: T€ 288,595). This value amounted to T€ 512,571 (thereof non-current: T€ 307,753) in the previous year.

The lease liabilities are presented less the rental deposits of T€ 15,450 (2024: T€ 19,717).