Porsche 2009 Annual Report Download - page 217
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217
[28] Trade payables
31/7/2010 31/7/2009
thereof
€ million
continuing
operations
Liabilities from long-term development contracts 0 2 0
Trade payables to
third parties 6 11,125 4
affiliated companies 0 57 0
joint ventures 0 18 0
associates 0 21 0
other investees and investors 0 2 0
6 11,225 4
Due to the deconsolidation of the discontinued operations there are no liabilities from long-
term development contracts in the Porsche SE group as of the reporting date. The liabilities from
long-term development contracts of discontinued operations were calculated as follows in the prior
year:
The fair values of trade payables generally correspond to the carrying amounts.
Discontinued
operations
€ million 31/7/2009
Costs of conversion including outcome
of the long-term development contracts 15
thereof services billed to customers – 3
Future receivables from long-term development contracts
before advance payments received 12
Advance payments received – 14
2