RWS Annual Report 2022 web - Flipbook - Page 135
17. TRADE AND OTHER PAYABLES
2022
£m
2021
£m
30.2
28.1
Due in less than one year
Trade payables
Other taxes and social security costs
4.0
5.3
Other payables
10.1
14.7
Accruals
68.9
61.6
Deferred and contingent consideration
2.9
1.5
Deferred income
49.5
40.8
At 30 September
165.6
152.0
The deferred and contingent consideration of £2.9m (2021: £1.5m) comprises £1.1m of contingent consideration in
respect of the acquisition of Liones Holding B.V. during the period and £1.8m of deferred consideration in respect of
the Iconic acquisition from the prior year. The amount payable to Liones Holding B.V. is denominated in Euros and the
amount payable to Iconic is denominated in US dollars. A foreign exchange impact of £0.3m was recognised in the
period in respect of these amounts.
The carrying amount of trade and other payables approximates to their fair value. Trade payables normally fall due
within 30 to 60 days.
2022
£m
2021
£m
Due in more than one year
Deferred income
Other payables
At 30 September
NOTES TO THE CONSOLIDATED STATEMENTS
3.5
2.2
-
0.2
3.5
2.4
RWS — Annual Report 2022
135
