As of December 31, 2015 and 2014, respectively, € 18.3 million and € 14.7 million were rec- ognized in other liabilities for the APPRs issued in 2015 and previous years. In 2015 and 2014, the one-time payment and the interest incurred resulted in an expense of € 1.5 million and € 1.2 million, respectively, which was recognized in personnel expenses. Dec. 31, 2014 Dec. 31, 2015 Non-current debt Current debt Non-current debt Current debt Borrowings from banks 1,856 3,008 1,015 986 Promissory note loans (German Schuldscheine) 350,000 0 285,000 65,000 Lease obligations 0 7 0 0 351,856 3,015 286,015 65,986 For general corporate financing purposes ALTANA uses different financing instruments. Cur- rently, ALTANA has issued promissory notes (German Schuldscheine) for a total of € 350 mil- lion; a syndicated credit line of € 250 million was issued by seven banks. As of December 31, 2015, the Company has not drawn on that credit line. The acquisition financing with the same seven banks arranged in 2013 was repaid entirely in 2014. Furthermore, as of Decem- ber 31, 2015, largely unused lines of credit in the amount of € 9.3 million were available to ALTANA. The terms and conditions are based on market conditions and no collateral is provided. As of December 31, 2015 and 2014, respectively, bank borrowings included € 0.3 mil- lion and € 4.1 million denominated in foreign currencies. Of these borrowings, amounts of € 0.1 million and € 2.8 million were denominated in U.S. Dollar as of December 31, 2015 and 2014, respectively. As of December 31, 2015 and 2014, the aggregate amounts of indebtedness maturing during the next five years and thereafter were as follows: Dec. 31, 2014 Dec. 31, 2015 Due in 2016 (prior year: 2015) 3,008 65,986 Due in 2017 (prior year: 2016) 65,913 72,666 Due in 2018 (prior year: 2017) 72,612 85,197 Due in 2019 (prior year: 2018) 85,179 80,030 Due in 2020 (prior year: 2019) 80,030 48,030 Due thereafter 48,122 92 Total 354,864 352,001 Lease obligation (see note 28) 7 0 Total debt 354,871 352,001 116 Notes to Consolidated Financial Statements 23. Debt
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