Notes to the Consolidated Financial Statement

 

24. Non-interest bearing liabilities  

 

€ 000

2010

2009

Non-current

 

 

  Deferred tax liabilities

2,178

2,672

Total

2,178

2,672

 

 

 

Current

 

 

 Accounts payable

2,353

1,575

Total

2,353

1,575

 

 

 

Other non-interest bearing current liabilities

 

 

 Advance payments received

769

1,400

 Accruals and deferred income

11,569

11,098

 Provisions

133

1,052

 Income tax liabilities

1,369

551

 Other liabilities

6,340

5,793

Total

20,181

19,894

Total non-interest bearing liabilities

24,712

24,141

 

The book value of non-interest bearing current liabilities represents a reasonable estimate of their fair value. Material items included in accrued expenses arise from the accrual of holiday pay, as well as accrued provisions for salaries and fees.