Annual Report 2021
Financial statements
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

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.