Section image
Cherries
oil on canvas
22 x 20 in
1981
Penny Machines
oil on canvas
23¾ x 29¾ in
1961
Stack of Books
oil on canvas
30 x 24 in
n.d.
Seven Suckers
oil on canvas
19 x 23 in
1970
Twin Jackpots
oil on canvas
30 x 46 in
1962
Ties
oil on canvas
20 x 26 in
1980
Notes 16-20
For the year ended 31 December 2010
- 16. Inventory and work in progress
- 17. Trade and other receivables
- 18. Trade and other payables: amounts falling due within one year
- 19. Trade and other payables: amounts falling due after more than one year
- 20. Bank overdrafts, bonds and bank loans
18. Trade and other payables: amounts falling due within one year
The following are included in trade and other payables falling due within one year:
| 2010 £m | 2009 £m |
|
|---|---|---|
| Trade payables | 7,701.1 | 6,432.7 |
| Other taxation and social security | 385.4 | 377.3 |
| Payments due to vendors (earnout agreements) | 207.4 | 121.6 |
| Liabilities in respect of put option agreements with vendors | 136.9 | 108.3 |
| Other creditors and accruals | 2,196.9 | 1,823.2 |
| Deferred income | 1,075.9 | 910.9 |
| 11,703.6 | 9,774.0 |
The Group considers that the carrying amount of trade and other payables approximates their fair value.