National Grid 2007 Annual Report Download - page 81

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National Grid Electricity Transmission plc Annual Report and Accounts 2006/07
10. Creditors (amounts falling due within one year)
2007
2006
£m
£m
Borrowings (note 12)
263
259
Derivative liabilities
4
9
Trade creditors and accruals
337
322
Deferred income
66
64
Amounts owed to ultimate parent company
2
17
Amounts owed to group undertakings
382
310
Social security and other taxes
16
25
Other creditors
52
23
1,122
1,029
Amounts owed to group undertakings include £nil (2006: £43m) in respect of nil (2006: 43,406,000) preference shares of £1 each
held by the parent company. See note 28 in the consolidated financial statements on page 65.
11. Creditors (amounts falling due after more than one year)
2007
2006
£m
£m
Borrowings (note 12)
3,491
2,747
Derivative liabilities
36
10
Deferred income
126
113
Other creditors
7
34
3,660
2,904
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