LensCrafters 2015 Annual Report Download - page 136
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Notes to the consolidated financial statement as of December 31, 2015 Page 42 di 68
20. OTHER LIABILITIES
The balance is detailed below:
As of December 31
(in thousands of Euro) 2015 2014
Salaries payable
334,519
291,175
Sales taxes payable
37,976
40,237
Due to social security authorities
36,119
41,106
Leasing rental
23,823
19,405
Insurance
11,521
10,147
Sales commissions payable
7,314
7,079
Premiums and discounts
4,066
9,989
Royalties payable
3,003
2,298
Derivative financial liabilities
2,173
4,376
Other financial liabilities 143,231
151,526
Total financial liabilities 603,745
577,338
Deferred income 60,998
52,722
Other liabilities 6,681
5,995
Total liabilities 67,679
58,717
Total other current liabilities 671,424
636,055
The increase in salaries payable is mainly due to the strengthening of the foreign currencies in which the Group operates, to
higher salaries and bonuses earned by employees in 2015 and liabilities related to non-recurring transactions as reported in Note
33.