18. Non-current and current liabilities
| EUR 1,000 |
2017 |
2016 |
|
|
|
| Non-current liabilities |
| Restructuring debts from financial institutions, interest-bearing |
16,606 |
23,521 |
| Loans from Group companies |
289 |
425 |
| Restructuring debts from financial institutions, non-interest bearing |
3,996 |
4,396 |
| Other restructuring debts, non-interest bearing |
1,556 |
2,423 |
| Termination benefits |
301 |
404 |
| Non-current liabilities total |
22,748 |
31,170 |
|
|
|
| Current liabilities |
| Loans from financial institutions * |
1,096 |
400 |
| Trade payables |
3,331 |
2,851 |
| Accrued liabilities and deferred income |
4,317 |
6,296 |
| Other liabilities |
1,192 |
174 |
| Total |
9,935 |
9,721 |
|
|
|
| Liabilities from Group companies: |
| Trade payables |
8,503 |
5,352 |
| Other liabilities |
1,348 |
6 |
| Total |
9,851 |
5,358 |
|
|
|
| Current liabilities total |
19,786 |
15,079 |
|
|
|
| Major items included in accrued liabilities and deferred income |
| Other accrued personnel expenses |
1,300 |
1,594 |
| Withholding tax accrual (note 8) |
1,050 |
1,203 |
| Accrued interest expenses |
415 |
794 |
| Accrued agent fees |
326 |
500 |
| Valuation of interest rate swap |
128 |
314 |
| Other accruals related to customer contracts |
288 |
1,250 |
| Other accrued liabilities and deferred income |
810 |
640 |
| Total |
4,317 |
6,296 |
|
|
|
| | | |
At the end of the financial period, the company had a payment programme related long-term interest bearing debt EUR 16.6 million (23.5) and EUR 1.2 (0.4) million short-term interest bearing liabilities to financial institutions.
Payments will be due in payment semi-annually at the end of June and December and the final installments will be paid in June 2025. Details can be found in the payment programme for the company in Annex 15, which is published in the Tecnotree Corporation's stock exchange release of 30 September 2016 under the title The Restructuring Programme proposal.
| The liabilities above include restructuring debt as follows: |
|
|
|
| EUR 1,000 |
2017 |
2016 |
|
|
|
| Restructuring debt included in trade payables |
1,889 |
2,423 |
| Short-term loans from financial institutions |
|
400 |
| Guaranteed restructuring debts from financial institutions, interest bearing |
9,654 |
15,640 |
| Corporate mortgage debts from financial institutions, interest bearing |
7,881 |
7,881 |
| Ordinary restructuring debts from financial institutions, interest-free |
4,396 |
4,396 |
| | | |