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Notes to the Consolidated Financial Statements


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23 Trade and other liabilities

23 Trade and other liabilities
All figures in £ millions 2005 2004 2003
Trade payables 348 316 405
Social security and other taxes 21 14 4
Accruals and deferred income 600 509 465
Other liabilities 156 128 139
Total 1,125 967 1,013
Less: non-current portion
Accruals and deferred income 66 21 9
Other liabilities 85 78 61
Total 151 99 70
Current portion 974 868 943

The carrying value of the Group's trade and other liabilities approximates their fair value.

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