Notes to the consolidated financial statements 102 22 Other non-current financial liabilities Ahold at a glance Business review Governance Financials Ahold Annual Report 2014 millior December 28, 2014 December 29, 2013 Finance lease liabilities 1,125 1,069 Cumulative preferred financing shares 497 497 Derivative financial instruments 250 182 Reinsurance liabilities 126 100 Other 41 34 Total other non-current financial liabilities 2,039 ,882 For more information on derivative financial instruments and fair values, see Note 30. The Company recognizes reinsurance liabilities on its balance sheet in connection with a pooling arrangement between unrelated companies. For more information, see Note 15. Other mainly consists of a pre-tax liability for the discounted amount of the remaining settlement liability of $34 million (€28 million) relating to an agreement with the New England Teamsters and Trucking Industry Pension Fund (NETTI) to settle Stop Shop's pension liabilities in the fund, see Note 23.

Jaarverslagen | 2014 | | pagina 4