14 Trade and other payables
millions of € |
|
|
|---|---|---|
|
Dec. 31, 2021 |
Dec. 31, 2020 |
Trade payables |
10,396 |
9,691 |
Other liabilities |
56 |
68 |
|
10,452 |
9,760 |
The carrying amount of trade and other payables increased year-on-year by EUR 0.7 billion to EUR 10.5 billion, mainly due to higher liabilities to suppliers of mobile terminal equipment in the United States operating segment and exchange rate effects, in particular from the translation of U.S. dollars into euros. By contrast, liabilities in the Group Development operating segment decreased as a result of the reclassification of T‑Mobile Netherlands’ liabilities to liabilities directly associated with non-current assets and disposal groups held for sale.
For further information on the agreed sale of T‑Mobile Netherlands, please refer to the section “Changes in the composition of the Group and other transactions” under “Summary of accounting policies.”
Of the total of trade and other payables, EUR 10,396 million (December 31, 2020: EUR 9,691 million) is due within one year.