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Financial Statements
4.27 Trade & other payables 2007 2006 Restated
Trade & other payable accounts are analysed as follows: 10.957.181 10.194.9
Analysis of trade & other payable accounts 7.7.001
7.08.056 1.57.59
Suppliers 1.80.7 1.994.596
Advance payments from customers .05.570
Beneficiaries of money – guarantees 1.44.959 35.509.765
Value added tax .158.14
Other 36.426.053
Total trade & other payable accounts
4.28 Other current liabilities 2007 2006 Restated
Other current liabilities are analysed as follows:
Analysis of other current liabilities 1.176.000
Accrued expenses and deferred income 1.176.000 7.15.1
8.671.817
Third party liabilities 49.79
Accrued expenses for services and fees 17.41 8.740.915
Other 10.165.238
Total accrued expenses and deferred income 48.819
Obligations under finance leases 158.58 9.179.734
Total other current liabilities 10.323.776
For obligations under finance leases refer to note 4.6.
4.29 Operating lease arrangements
The Company as a lessee
Operating lease payments represent rentals payable by the Company for certain of its vehicles. Leases are
negotiated for an average term of 4 years and rentals are fixed for the same period.
In the current year, minimum lease payments under operating lease, amounting to € 58.571, were recognised
in the Income Statement, while the corresponding amount for the year 006 was € 05.67.
At the balance sheet date the Company has outstanding commitments under non-cancellable operating
leases, which are presented in note 4.0
The Company as a lessor
(Refer to note 4.1.b)
60
4.27 Trade & other payables 2007 2006 Restated
Trade & other payable accounts are analysed as follows: 10.957.181 10.194.9
Analysis of trade & other payable accounts 7.7.001
7.08.056 1.57.59
Suppliers 1.80.7 1.994.596
Advance payments from customers .05.570
Beneficiaries of money – guarantees 1.44.959 35.509.765
Value added tax .158.14
Other 36.426.053
Total trade & other payable accounts
4.28 Other current liabilities 2007 2006 Restated
Other current liabilities are analysed as follows:
Analysis of other current liabilities 1.176.000
Accrued expenses and deferred income 1.176.000 7.15.1
8.671.817
Third party liabilities 49.79
Accrued expenses for services and fees 17.41 8.740.915
Other 10.165.238
Total accrued expenses and deferred income 48.819
Obligations under finance leases 158.58 9.179.734
Total other current liabilities 10.323.776
For obligations under finance leases refer to note 4.6.
4.29 Operating lease arrangements
The Company as a lessee
Operating lease payments represent rentals payable by the Company for certain of its vehicles. Leases are
negotiated for an average term of 4 years and rentals are fixed for the same period.
In the current year, minimum lease payments under operating lease, amounting to € 58.571, were recognised
in the Income Statement, while the corresponding amount for the year 006 was € 05.67.
At the balance sheet date the Company has outstanding commitments under non-cancellable operating
leases, which are presented in note 4.0
The Company as a lessor
(Refer to note 4.1.b)
60
