Year 2017

20. Trade and other payables


Other non-current payables

   

EUR million

2017

2016

2015

restated

Advances received (deferred revenue)

14.0

16.8

16.6

Other liabilities

5.4

7.7

6.2

Derivative contracts

5.7

-

-

Other accrued expenses

5.7

6.1

4.1

Total

30.8

30.6

26.9

    

Current trade and other payables

   

EUR million

2017

2016

2015

restated

Derivative contracts

0.2

0.0

0.9

Trade payables

98.4

70.9

59.5

Advances received and deferred revenue

68.7

60.0

51.7

Accrued personnel expenses

113.6

119.2

125.0

Other accrued expenses and deferred income

60.4

53.0

47.9

Other liabilities

44.9

54.9

48.7

Current trade and other payables

386.2

358.1

333.7

    

Advances received includes deferred revenue for stamps, franking machines and prepaid envelopes held by the customer to be used in future periods. The amount has been determined using statistical models and surveys. The method has been described in more detail in the accounting policies in section "Revenue recognition." The total amount of non-current and current liability is EUR 25.9 (2016: 27.0, 2015: 28.3) million.

    

The most significant item within other accrued expenses and deferred income is estimated payables for terminal payments to other Postal administrations, totaling EUR 14.5 (2016: 19.1, 2015: 23.9) million. The remaining items comprise ordinary accruals of expenses.