Section image

Cherries
oil on canvas
22 x 20 in
1981

Penny Machines
oil on canvas
23¾ x 29¾ in
1961

Stack of Books
oil on canvas
30 x 24 in
n.d.

Seven Suckers
oil on canvas
19 x 23 in
1970

Twin Jackpots
oil on canvas
30 x 46 in
1962

Ties
oil on canvas
20 x 26 in
1980

Cake Slices
oil on canvas
20 x 16 in
n.d.

Notes 16 - 20

19. Trade and other payables: amounts falling due after more than one year

The following are included in trade and other payables falling due after more than one year:
  2009
£m
2008
£m
Payments due to vendors (earnout agreements) 140.6 286.2
Liabilities in respect of put option agreements with vendors 59.9 54.6
Fair value of derivatives 82.9 86.2
Other creditors and accruals 139.9 126.9
  423.3 553.9

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

The following table sets out payments due to vendors, comprising deferred consideration and the directors’ best estimates of future earnout-related obligations:
  2009
£m
2008
£m
Within one year 121.6 89.8
Between one and two years 93.6 128.0
Between two and three years 39.5 97.2
Between three and four years 5.1 53.4
Between four and five years 2.4 7.6
Over five years
  262.2 376.0

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