24 –Trade and other payables
| (€ million) |
2008 |
2007 |
| Tax and social security |
16.1 |
|
8.9 |
|
| SIIC exit tax |
1.6 |
|
7.9 |
|
| Rent invoiced in advance |
11.7 |
|
22.7 |
|
| Security deposits |
34.5 |
|
27.7 |
|
| Interest payable |
30.5 |
|
29.2 |
|
| Accruals |
23.7 |
|
45.4 |
|
| Financial instruments |
40.7 |
|
88.7 |
|
| Other payables |
40.2 |
|
48.0 |
|
|
|
199.0 |
|
278.5 |
The current exit tax for the SIIC regime in France is being paid in four instalments, the last in 2009. The other payables relate to invoices yet to be received for maintenance of and investment in the portfolio.
Source: Annual Report 2008, Chapter Financial Statements, page 171 (PDF, 179 kB)
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