21. Trade and other liabilities
|
(in millions of euros) |
31 December 2024 |
31 December 2023 |
|
Trade payables |
127 |
182 |
|
Current portion of deferred income |
18 |
36 |
|
Other taxes and social security charges |
108 |
99 |
|
Other liabilities |
771 |
671 |
|
Accruals and deferred liabilities |
2 |
16 |
|
Total |
1,026 |
1,004 |
Other liabilities consist largely of purchase invoices yet to be received. Other liabilities also include reserves for personnel expenses, such as holiday allowance, and interest yet to be paid.
Trade and other liabilities includes an amount of €29 million (2023: €29 million) relating to ProRail and the Dutch central government.
The Group’s liquidity risk due to trade and other payables is stated in note 26 and the continuity section.