Note 18 Trade and other payables
|
€ million |
2025 |
2024 |
|
Trade payables |
281 |
206 |
|
Invoiced instalments on work in progress |
3 |
2 |
|
Other payables |
74 |
48 |
|
Carrying amount as at 31 December |
358 |
256 |
Other payables include €15 million owed to a company in which Alliander has a non-controlling interest (2024: €12 million).
Accruals and deferred income
Accruals and deferred income came to €257 million at year-end 2025 (2024: €375 million). This includes anticipated amounts in respect of the procurement of network losses and energy transmission (2025: €68 million; 2024: €76 million) and invoices still to be received for subcontracted work among other things (2025: €189 million; 2024: €299 million).
Tax liabilities
Tax liabilities amounted to €122 million (2024: €108 million) and comprise wage tax and VAT payables.