14.10.2. Derivatives and other liabilities

	Non-current		Current		Total
	31/12/2021	31/12/2020 (restated data)	31/12/2021	31/12/2020 (restated data)	31/12/2021	31/12/2020 (restated data)
Cash flow hedging instruments	702	79	42	85	744	164
currency forwards	702	79	31	27	733	106
commodity swaps	–	–	11	58	11	58
Derivatives not designated as hedge accounting	3	59	419	184	422	243
currency forwards	–	–	21	17	21	17
commodity swaps	–	–	125	140	125	140
interest rate swaps	–	5	–	6	–	11
currency interest rate swaps	–	54	52	21	52	75
commodity forwards (CO2 futures)	3	–	122	–	125	–
commodity forwards (electricity)	–	–	99	–	99	–
Fair value hedging instruments	–	–	–	1	–	1
commodity swaps	–	–	–	1	–	1
Derivatives	705	138	461	270	1 166	408
Other financial liabilities	179	175	76	173	255	348
liabilities on settled derivatives	–	–	25	156	25	156
investment liabilities	77	84	–	–	77	84
hedged item adjustment	14	–	5	7	19	7
refund liabilities	–	–	23	6	23	6
security deposits	–	–	18	–	18	–
other *	88	91	5	4	93	95
Other non-financial liabilities	407	195	62	26	469	221
deferred income	407	195	62	26	469	221
Other liabilities	586	370	138	199	724	569

* In 2021 and 2020, the line other in non-current other financial liabilities relates mainly to liabilities due to donations in the amount of PLN 26 million and PLN 31 million and received security deposits in the amount of PLN 53 million and PLN 42 million, respectively.

Description of changes of derivatives not designated as hedge accounting is presented notes 13.9, 13.10 and 13.11.

The ICE stock exchange settles financial instruments on a net basis by maintaining separate security deposits: USD and EUR. Cash accumulated on these security deposits is not used interchangeably, therefore in case the balance of one security deposit is positive and the other negative, the Group does not net these positions and presents them separately. As at 31 December 2021, the balance of a security deposit maintained in USD was positive and amounted to USD 60 million, which as at the balance sheet date represented the value of PLN 244 million and was presented under Other financial assets position. Whereas, the balance of EUR security deposit was negative and amounted to EUR (4) million, which as at the balance sheet date represented the value of PLN (18) million and was presented under Other financial liabilities position.

14.10.1.1. Financial assets measured at fair value through other comprehensive income

14.10.2.1. Deferred income

14.10.2. Derivatives and other liabilities

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