25 Noncurrent and current financial liabilities

The details of noncurrent and current financial liabilities are presented in the following table:

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CARRYING AMOUNT

 

CARRYING AMOUNT

€ million

 

Current

 

Non­current

 

Dec. 31, 2014

 

Current

 

Non­current

 

Dec. 31, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Bonds

 

19,586

 

42,852

 

62,438

 

16,645

 

39,677

 

56,322

Commercial paper and notes

 

10,053

 

13,787

 

23,840

 

9,281

 

11,953

 

21,233

Liabilities to banks

 

11,109

 

9,692

 

20,801

 

11,305

 

7,659

 

18,964

Deposits business

 

24,353

 

980

 

25,333

 

22,310

 

1,015

 

23,325

Loans and miscellaneous liabilities

 

429

 

743

 

1,172

 

396

 

850

 

1,247

Bills of exchange

 

 

 

 

 

 

Finance lease liabilities

 

34

 

362

 

396

 

50

 

363

 

413

 

 

65,564

 

68,416

 

133,980

 

59,987

 

61,517

 

121,504

The deposits from direct banking business contained in the financial liabilities of €134.0 billion (previous year: €121.5 billion) decreased by €0.1 million (previous year: €5.5 million) as a result of a fair value adjustment from portfolio hedging.