323 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Notes to the Group Financial Statements 31.12.2024 31.12.2023 in € million At amortised cost At fair value through other comprehensive income At fair value through profit or loss Not allocated to an IFRS 9 category At amortised cost At fair value through other comprehensive income At fair value through profit or loss Not allocated to an IFRS 9 category L I A B I L I T I E S Financial liabilities Bonds 48,546 – – – 39,808 – – – Liabilities to banks 8,690 – – – 5,824 – – – Liabilities from customer deposits (banking) 19,439 – – – 18,016 – – – Commercial paper 4,118 – – – 3,292 – – – Asset-backed financing transactions 21,597 – – – 20,085 – – – Derivative instruments Cash Flow Hedges – – – 1,978 – – – 1,598 Fair Value Hedges – – – 1,953 – – – 2,073 Other derivative instruments – – 1,276 – – – 729 – Lease liabilities – – – 2,553 – – – 2,539 Other 1,111 – – – 1,046 – – – Trade payables 14,126 – – – 15,547 – – – Other liabilities – – – – Payables to subsidiaries 336 – – – 241 – – – Payables to other companies in which an investment is held 21 – – – 38 – – – Remaining other liabilities 9,023 – – 17,615 8,171 – – 17,298 Total 127,007 – 1,276 24,099 112,068 – 729 23,508