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14 Trade and other payables

Trade and other payables

millions of €

 

 

 

Dec. 31, 2025

Dec. 31, 2024

Trade payables

9,497

9,364

Other liabilities

84

125

 

9,581

9,489

The carrying amount of trade and other payables increased by EUR 0.1 billion to EUR 9.6 billion. In the United States operating segment, liabilities increased due to higher liabilities to terminal equipment manufacturers, mainly on account of larger procurement volumes, and to effects of changes in the composition of the Group from the acquisitions of UScellular and Vistar Media. By contrast, exchange rate effects, in particular from the translation from U.S. dollars into euros, decreased the carrying amount. A lower procurement volume in the Germany operating segment likewise reduced the carrying amount.

Of the total of trade and other payables, EUR 9.5 billion (December 31, 2024: EUR 9.4 billion) is due within one year.

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