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4.2 FINANCIAL STATEMENTS OF DANONE SA, THE DANONE PARENT COMPANY
Note 15. Other liabilities
DANONE
REGISTRATION DOCUMENT 2015
158
NOTE 15. OTHER LIABILITIES
Composition of Other liabilities
As of December 31
(in € millions)
2014
2015
Amounts owed by the Company
to certain subsidiaries and affiliates
(a)
672
28
Trade payables
46
68
Accrued expenses
207
239
Total
925
335
(a) Including a current account balance due to Danone Finance International totaling €614 million as of December 31, 2014. As of December 31, 2015, the balance
on this current account was an excess cash balance presented under Short-term loans and receivables.
Composition of Accrued charges
As of December 31
(in € millions)
2014
2015
Services provided
92
114
Personnel costs
70
83
Social charges
32
37
Tax liabilities
12
4
Financial debt
1
1
Total
207
239
Maturity of Other liabilities
The majority of Other liabilities have a maturity of less than one year. The maturity dates of Trade payables are shown in the following table:
As of December 31, 2015
(in € millions)
Due date 30 days or less
Due date between
31 and 60 days
Due date more than
60 days
Total
Trade payables
52
16
–
68