Annual Report and Consolidated Accounts 2015
23. OTHER CURRENT LIABILITIES AND INCOME TAX PAYABLE
On 31
st
December 2015 and 2014, the item “Other current liabilities” may be broken down as follows:
Dec. 2015
Dec. 2014
Other creditors (1)
1.986.777
1.603.073
State and other public entities (2)
6.020.854
5.587.781
Deferred income (3)
709.493
1.374.807
8.717.124
8.565.661
(1) Amount due to services provided by third parties and accounts payable to personnel.
2) Balance due mainly to payable VAT amounts (3.553.073 euros) and Social Security (1.883.934 euros).
(3) The Deferred Income item includes the following amounts:
Dec. 2015
Dec. 2014
Contracts with suppliers
(1)
547.603
1.232.690
Franchising rights
9.811
38.457
Investment subvention
144.610
96.191
Other
7.469
7.469
709.493
1.374.807
(1) The value of contracts with suppliers corresponds to revenue obtained from suppliers in 2015 and in 2014 and referring to subsequent years.
Income tax payable in the years ending on 31 December 2015 and 2014 are broken down as follows:
Dec. 2015
Dec. 2014
RETGS (1)
1.099.991
813.403
Inverpeninsular group (2)
217.498
88.227
Other (3)
73.054
355.769
1.390.543
1.257.399
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