Notes 16-20
- 16. Inventory and work in progress
- 17. Trade and other receivables
- 18. Trade and other payables: amounts falling due within one year
- 19. Trade and other payables: amounts falling due after more than one year
- 20. Bank overdrafts, bonds and bank loans Amounts falling due within one year:
18. Trade and other payables: amounts falling due within one year
The following are included in trade and other payables falling due within one year:
| 2007 £m |
2006 £m |
|
|---|---|---|
| Trade payables | 5,843.6 | 4,743.6 |
| Other taxation and social security | 276.4 | 182.7 |
| Payments due to vendors (earnout agreements) | 57.3 | 87.9 |
| Loan notes due to vendors | 2.7 | 1.8 |
| Liabilities in respect of put option agreements with vendors | 45.0 | 51.1 |
| Other creditors and accruals | 1,358.6 | 1,205.9 |
| Deferred income | 600.5 | 510.8 |
| Share repurchases – close period commitments (note 27) | 64.8 | – |
| 8,248.9 | 6,783.8 |
The Group considers that the carrying amount of trade and other payables approximates their fair value.