19. Other non-current liabilities
| in € thousands | 31 Dec 2008 | 31 Dec 2007 |
|---|---|---|
| Interest rate swap | 14,546 | 201 |
| Others | 395 | 339 |
| 14,941 | 540 |
In connection with loans, interest rate hedges were concluded to hedge against increasing capital market interest. Their present value amounted to €14,546 thousand on the balance sheet date.