|
Group |
Company |
| (all amounts in Euro thousands) |
2013 |
2012 |
2013 |
2012 |
| Trade payables |
113.687 |
102.913 |
29.104 |
19.143 |
| Amounts due to related parties (note 33) |
521 |
618 |
9.796 |
8.549 |
| Other payables |
14.251 |
27.862 |
3.951 |
3.401 |
| Accrued expenses |
35.062 |
32.625 |
1.026 |
7.115 |
| Social security |
3.467 |
3.093 |
2.453 |
2.020 |
| Customer down payments/advances |
16.986 |
30.754 |
265 |
508 |
| Dividends payable |
313 |
352 |
160 |
230 |
| Government grants (note 27) |
224 |
232 |
224 |
232 |
| Other taxes |
8.920 |
8.560 |
1.340 |
1.388 |
|
193.431 |
207.009 |
48.319 |
42.586 |
Other payables consists mainly of liabilities relating to transportation for 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 10-120 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.