|
(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”.
