30. LIABILITIES TO MINORITY INTERESTS
There are commitments to minority shareholders of various subsidiaries to acquire their shares. In addition, a partnership holds termination rights which would result in compensation at present values.
According to IAS 32, these liabilities are to be carried as financial liabilities at fair value. Therefore the individual commitments were measured in accordance with the respective contractual agreements.
This results in a commitment totaling 103.6 million EUR compared to 101.6 million EUR last year. Proportionate earnings in the amount of 8.0 million EUR (previous year: 8.1 million EUR), which are included in financial expenses, increased these commitments; disbursements in the amount of 5.1 million EUR (previous year: 5.9 million EUR) reduced these amounts. In addition, there were valuation-related adjustments totaling 15.3 million EUR (previous year: 8.6 million EUR). Furthermore, adjustments totaling 16.1 million EUR resulting from changes in the scope of consolidated companies and capital contributions reduced the liability (previous year: 2.1 million EUR).