in € thousand | 31.12.2010 | 31.12.2009 |
---|---|---|
Interest rate swaps | 21,168 | 19,501 |
Other | 671 | 344 |
21,839 | 19,845 |
In connection with borrowing, interest rate hedges were concluded to hedge against higher capital market interest rates. Their present value totalled €21,168 thousand as at the balance sheet date.