Merck 2010 Annual Report Download - page 180

Liabilities from financial leasing represent the discounted amount of future payments arising from
finance leases. This item primarily relates to liabilities from finance leases for buildings. Information
on liabilities due to related parties can be found in Note [47].
Trade accounts payable consist of the following:
EUR million
Dec. 31,
2010
Dec. 31,
2009
Liabilities due to third parties 1,200.0 935.7
Liabilities due to affiliates 0.1 –
1,200.1 935.7
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Trade accounts payable include accrued amounts of EUR 648.1 million (2009: EUR 614.2 million)
for outstanding invoices and accrued reductions in sales revenues.
This item comprises:
EUR million current
non-
current
Dec. 31,
2010 current
non-
current
Dec. 31,
2009
Liabilities to related parties 260.6 – 260.6 173.8 – 173.8
Liabilities to affiliates 3.2 – 3.2 1.8 – 1.8
Accrued interests 103.5 – 103.5 14.3 – 14.3
Payroll liabilities 65.0 0.6 65.6 50.2 0.6 50.8
Liabilities from profit
distributions 0.7 – 0.7 1.3 – 1.3
Other financial liabilities to
third parties 48.7 4.0 52.7 58.7 1.8 60.5
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      
Accruals for personnel
expenses 443.0 – 443.0 293.6 – 293.6
Deferred income 29.0 27.2 56.2 14.6 13.1 27.7
Advance payments received
from customers 12.6 – 12.6 5.1 1.4 6.5
Liabilities from derivatives
(operational) 26.8 11.1 37.9 1.4 – 1.4
Liabilities from non-income
related taxes 61.5 – 61.5 23.4 – 23.4
1,054.6 42.9 1,097.5 638.2 16.9 655.1
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176 Merck Annual Report 2010