Notes to the financial statements
For the 52 weeks ended 1 March 2008
22. Trade and other payables
| Current 2008 £m |
Non-current 2008 £m |
Current 2007 £m |
Non-current 2007 £m |
|
|---|---|---|---|---|
| Trade payables | (501.3) | – | (466.5) | – |
| Social security costs and other taxes | (48.1) | – | (48.4) | – |
| Accruals and deferred income | (444.8) | (41.3) | (446.2) | (34.0) |
| Other payables | (95.3) | – | (64.0) | – |
| (1,089.5) | (41.3) | (1,025.1) | (34.0) |
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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