See accounting policy AA.
| 31 December 2021 | 31 December 2020 |
---|---|---|
Financial liabilities | | |
Accrued Interest | 93 | 98 |
Trade payables | 15 | 13 |
| | |
Non-financial liabilities | | |
Deferred income | 110 | 111 |
Short-term employee benefits | 26 | 19 |
Tax payable | 129 | 102 |
Other non-financial liabilities | 605 | 609 |
| | |
Total other liabilities | 976 | 951 |
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.