Notes to the Parent Company's Financial Statement

14. Current liabilities

€ 000 2013 2012
Interest-bearing    
   Interest-bearing liabilities 3,000 5,000
   Liabilities to Group companies    
     Borrowings 55,955 56,057
Total interest-bearing current liabilities 58,955 61,057
     
Liabilities to Group companies    
Accounts payable - -
Accruals and deferred income 4,307 5,515
To others    
   Accounts payable 173 160
   Other liabilities 199 71
   Accruals and deferred income 530 1,152
Total interest-free current liabilities 5,209 6,898
Total current liabilities 64,163 67,955
     

 

Material items included in accrued expenses arise from the accrual of holiday pay, as well as accrued provisions for salaries and fees.