Annual Report 2021
Financial statements
6.5.22
Other liabilities

See accounting policy AA.

Other liabilities
​31 December 202131 December 2020
Financial liabilities​​
Accrued Interest9398
Trade payables1513
​​​
Non-financial liabilities​​
Deferred income110111
Short-term employee benefits2619
Tax payable129102
Other non-financial liabilities605609
​​​
Total other liabilities976951

The other non-financial liabilities of € 605 million (2020: € 609 million) consist, amongst others, of payables, accruals related to investments and construction depots for rural housing mortgages.

There is no difference between the carrying value of other liabilities and their fair value (see chapter 6.7.1.2).

An amount of € 24 million (2020: € 29 million) of the other liabilities is expected to be settled more than one year after the balance sheet date.