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DES - Online Annual Report 2009

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19. Other non-current liabilities

in € thousands 31.12.2009 31.12.2008
Interest rate swaps 19,501 14,546
Other 344 395
  19,845 14,941

In connection with borrowing, interest rate hedges were concluded to hedge against higher capital market interest rates. Their present value totalled €19,501 thousand as at the balance sheet date.

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