Notes 16-20

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:


2008
£m
2007
£m
Trade payables 7,121.0 5,843.6
Other taxation and social security 382.7 276.4
Payments due to vendors (earnout agreements) 89.8 57.3
Loan notes due to vendors 0.1 2.7
Liabilities in respect of put option agreements with vendors 67.5 45.0
Other creditors and accruals 1,958.3 1,358.6
Deferred income 788.3 600.5
Share repurchases – close period commitments (note 27) 64.8
  10,407.7 8,248.9

The Group considers that the carrying amount of trade and other payables approximates their fair value.