21. Trade and Other Payables

Audited information

in CHF m

 

31.12.2017

 

31.12.2016

Trade payables

 

756

 

683

Payables to associates and joint ventures

 

61

 

57

Accruals

 

229

 

304

Other liabilities

 

249

 

184

Total trade payables and other liabilities

 

1 295

 

1 228

Reclassified to non-current liabilities

 

–79

 

–78

Total current trade payables and other liabilities

 

1 216

 

1 150

The amount recognized for trade payables is equal to their fair value.

An amount of CHF 79 million (2016: CHF 78 million) with a maturity date exceeding twelve months was reclassified to non-current liabilities. Prior-year numbers were adjusted accordingly.

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