DHL 2012 Annual Report Download - page 193

 Other liabilities
 m Non-current Current Total
2011 2012 2011 2012 2011 2012
Other liabilities 347 276 4,106 4,004 4,453 4,280
. Breakdown of other liabilities
 m
2011 2012
Tax liabilities 954 884
Incentive bonuses 592 577
Compensated absences 401 375
Deferred income, of which non-current: 
(previous year: ) 336 351
Wages, salaries, severance payments 292 287
Payables to employees and members of executive
bodies 227 177
Liabilities from the sale of residential building loans,
of which non-current:  (previous year: ) 223 153
Debtors with credit balances 124 150
Social security liabilities 152 143
Overtime claims 102 110
 liabilities 76 70
Other compensated absences 63 49
Insurance liabilities 9 36
Liabilities from cheques issued 21 35
Accrued rentals 27 34
Liabilities from loss compensation 17 15
Accrued insurance premiums for damages
and similar liabilities 16 12
Miscellaneous other liabilities,
of which non-current:  (previous year: ) 821 822
4,453 4,280
Of the tax liabilities,  million (previous year:  mil-
lion) relates to ,  million (previous year:  million) to
customs and duties, and  million (previous year:  million)
to other tax liabilities.
e liabilities from the sale of residential building loans relate
to obligations of Deutsche Post  to pay interest subsidies to bor-
rowers to oset the deterioration in borrowing terms in conjunc-
tion with the assignment of receivables in previous years, as well as
pass-through obligations from repayments of principal and inter-
est for residential building loans sold.
Miscellaneous other liabilities include a large number of
individual items.
. Maturity structure
 m
2011 2012
Less than  year 4,106 4,004
More than  year to  years 38 46
More than  years to  years 34 28
More than  years to  years 13 10
More than  years to  years 11 7
More than  years 251 185
4,453 4,280
ere is no signicant dierence between the carrying
amounts and the fair values of the other liabilities due to their short
maturities or market interest rates. ere is no signicant interest
rate risk because most of these instruments bear oating rates of
interest at market rates.
 Trade payables
Trade payables also include liabilities to Group companies
in the amount of  million (previous year:  million).
 m
2011 2012
Trade payables 6,168 5,991
 million of the trade payables (previous year:  mil-
lion) is attributable to Deutsche Post . Trade payables primarily
have a maturity of less than one year. e reported carrying amount
of trade payables corresponds to their fair value.
Deutsche Post DHL Annual Report 
Consolidated Financial Statements
Notes
Balance sheet disclosures
189