14 Trade and other payables
millions of € |
|
|
|---|---|---|
|
Dec. 31, 2020 |
Dec. 31, 2019 |
Trade payables |
9,691 |
9,410 |
Other liabilities |
68 |
21 |
|
9,760 |
9,431 |
The carrying amount of trade and other payables increased year-on-year by EUR 0.3 billion to EUR 9.8 billion. The inclusion of Sprint increased the carrying amount by EUR 2.9 billion. This was offset in particular by lower liabilities to terminal equipment vendors and declines in liabilities in connection with the acquisition of assets in the United States operating segment. Liabilities also decreased in the other operating segments. Exchange rate effects, especially from the translation from U.S. dollars into euros, also decreased the carrying amount.
Of the total of trade and other payables, EUR 9,691 million (December 31, 2019: EUR 9,410 million) is due within one year.