Notes (IFRS)

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(in €m)

31st December 2007

31st December 2006

 

 

 

Non-current other liabilities

 

 

Thereof customer advance payments

8,420

6,308

Thereof European Governments refundable advances

4,854

5,029

Thereof liabilities for derivative financial instruments

258

152

Others

595

233

Total

14,127

11,722

Current other liabilities

 

 

Thereof customer advance payments

16,214

14,172

Thereof European Governments refundable advances

461

389

Thereof tax liabilities (excluding income tax)

557

600

Thereof liabilities to affiliated companies

46

44

Thereof liabilities to related companies

23

14

Thereof liabilities for derivative financial instruments

36

79

Others

2,346

1,941

Total

19,683

17,239

The decrease of European Governments refundable advances relates mostly to reimbursements paid. This was partly compensated by expenses for accrued interest. Regarding the interest expense on European Governments refundable advances see Note 10 “Total finance costs”. Due to their specific nature, namely their risk-sharing features and the fact that such advances are generally granted to EADS on the basis of significant development projects, European Governments refundable advances are accounted for by EADS within “Other Liabilities” on the balance sheet including accrued interest.

Included in “Other liabilities” are €16,763 million (€15,652 million as of 31st December 2006) due within one year and €6,660 million (€6,419 million as of 31st December 2006) maturing after more than five years.

Advance payments received relating to construction contracts amount to €3,646 million (€2,198 million as of 31st December 2006).

“Provisions for financial instruments” were retrospectively reclassified in the amount of €231 million to “Liabilities for derivative financial instruments”.