Notes to the consolidated accounts

18 Trade payables and other liabilities

€ million € million
Trade and other payables 2007 2006
Due within one year
Trade payables 3 690 3 833
Accruals 2 970 2 706
Social security and sundry taxes 374 386
Others 983 913
8 017 7 838
Due after more than one year
Accruals 138 185
Others 66 76
204 261
Total trade payables and other liabilities 8 221 8 099

The amounts shown above do not include any creditors due after more than five years. Trade payables and other liabilities are valued at historic cost, which where appropriate, approximates their amortised cost.