Note 18 Trade and other payables
|
€ million |
2023 |
2022 |
|
Trade payables |
94 |
107 |
|
Invoiced instalments on work in progress |
6 |
1 |
|
Other payables |
71 |
47 |
|
Carrying amount as at 31 December |
171 |
155 |
‘Other payables’ includes €32 million owed to a company in which Alliander has a non-controlling interest (2022: €19 million).
Accruals and deferred income
At year-end 2023, accruals and deferred income came to €323 million (2022: €322 million). This item includes anticipated amounts in respect of the procurement of network losses and energy transmission (2023: €114 million; 2022: €152 million) and invoices still to be received for subcontracted work among other things (2023: €209 million; 2022: €170 million).
Tax liabilities
Tax liabilities amounted to €117 million (2022: €49 million) and include payable wage tax and VAT.