UNBOUNCE - EXAMPLE PAGE-REPORT-ENTERPRISE DOCUMENT-KINGSPAN - Flipbook - Page 154
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2021 (continued)
15 Trade and Other Payables
Current
Trade payables
Accruals
Deferred income and customer prepayments
Income tax & social welfare
Value added tax
2021
€m
2020
€m
726.8
519.5
99.5
44.0
-
419.9
349.8
33.7
30.8
20.3
1,389.8
854.5
Deferred income primarily relates to service and maintenance and projected related revenue and is primarily short term.
The directors consider that the carrying amount of trade and other payables approximates to their fair value.
2021
€m
2020
€m
137.7
0.2
137.9
71.1
0.2
71.3
Motor
vehicles
Total
2021
€m
€
Company
Current
Amounts owed to group undertakings
Payables
The amounts due to group undertakings are unsecured, interest free and are repayable on demand.
16 Leases
Right of use asset
Land and
buildings
€m
Plant,
machinery
and other
equipment
€m
At 1 January 2021
Additions
Arising on acquisitions (Note 22)
Remeasurement
Terminations
Depreciation charge for the year
Reclassification
Effect of movement in exchange rates
89.6
11.8
26.5
11.2
(2.2)
(21.9)
4.0
6.8
3.8
2.3
5.4
(0.2)
(3.6)
(0.1)
0.3
16.6
12.8
3.4
0.7
(0.5)
(11.5)
0.1
0.2
113.0
28.4
32.2
17.3
(2.9)
(37.0)
4.5
At 31 December 2021
119.0
14.7
21.8
155.5
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