21. Trade and other liabilities
|
(in millions of euros) |
31 December 2023 |
31 December 2022 |
|
Trade payables |
182 |
219 |
|
Current portion of deferred income |
36 |
35 |
|
Other taxes and social security charges |
99 |
103 |
|
Other liabilities |
671 |
839 |
|
Accruals and deferred liabilities |
16 |
110 |
|
Total |
1,004 |
1,306 |
Trade and other liabilities includes an amount of €29 million (2022: €24 million) relating to ProRail and the Dutch central government. At year-end 2023, NS did not receive any collateral in the form of margin money from Eneco (year-end 2022: €360 million, recognised under other liabilities).
The decrease in accruals is due to the unwinding of positions in the German entities as part of the adoption of the acquisition balance sheet.
The Group’s liquidity risk due to trade and other payables is stated in note 26 and the continuity section.