Notes to the Financial Statements

For the short period 1 April 2006 to 3 March 2007

22. TRADE AND OTHER PAYABLES

  Current
2007
£m
  Non-current
2007
£m
  Current
2006
£m
  Non-current
2006
£m
Trade payables (466.5)     (378.6)  
Social security costs and other taxes (48.4)     (53.2)  
Accruals and deferred income (446.2)   (34.0)   (338.5)   (27.8)
Other payables (64.0)     (92.4)  
  (1,025.1)   (34.0)   (862.7)   (27.8)

Trade and other payables are non-interest bearing and the fair values are not considered to differ materially from the recognised book values. Long-term payables have been discounted where the time value of money is material.

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