(all amounts in Euro thousands)
| |
Group |
Company |
| (all amounts in Euro thousands) |
2017 |
2016 |
2017 |
2016 |
| Trade payables |
131,885 |
148,530 |
20,811 |
23,924 |
| Amounts due to related parties (note 32) |
79 |
344 |
16,643 |
5,685 |
| Other payables |
18,563 |
15,573 |
5,172 |
4,055 |
| Deferred consideration for investment in joint venture (note 15) |
- |
12,772 |
- |
- |
| Accrued expenses |
41,808 |
42,307 |
1,424 |
750 |
| Accrued interest |
7,163 |
12,060 |
680 |
4,408 |
| Social security |
3,623 |
3,623 |
2,660 |
2,603 |
| Customer down payments/advances |
8,614 |
18,054 |
378 |
445 |
| Dividends payable |
965 |
969 |
268 |
266 |
| Government grants (note 27) |
78 |
78 |
- |
- |
| Other taxes |
15,655 |
12,274 |
2,945 |
2,303 |
| |
228,433 |
266,584 |
50,981 |
44,439 |
Other payables include liabilities relating to transportation of cement and raw materials, as well as employee benefit payables.
Terms and conditions of the above financial liabilities:
Trade payables are non-interest bearing and are normally settled in 10-180 days for the Group and the Company.
Other payables are non-interest bearing and have an average term of one month both for the Group and the Company.