18. Non-current and current liabilities
EUR 1,000 |
2019 |
2018 |
|
|
|
Non-current liabilities |
Restructuring debts from the main creditor, interest-bearing |
13,264 |
12,142 |
Loans from Group companies |
34 |
34 |
Restructuring debts from the main creditor, non-interest bearing |
3,455 |
3,725 |
Other restructuring debts, non-interest bearing |
|
1,109 |
Termination benefits |
188 |
194 |
Non-current liabilities total |
16,941 |
17,204 |
|
|
|
Current liabilities |
Loans from the main creditor, interest bearing |
465 |
4,465 |
Loans from the main creditor, non-interest bearing |
1,109 |
272 |
Other restruturing debt, non-interest bearing |
272 |
444 |
Trade payables |
679 |
1,395 |
Accrued liabilities and deferred income |
4,060 |
2,790 |
Other liabilities |
52 |
603 |
Total |
6,636 |
9,969 |
|
|
|
Liabilities from Group companies: |
Trade payables |
7,465 |
6,328 |
Other liabilities |
91 |
220 |
Total |
7,556 |
6,548 |
|
|
|
Current liabilities total |
14,193 |
16,517 |
|
|
|
Major items included in accrued liabilities and deferred income |
Other accrued personnel expenses |
1,788 |
728 |
Withholding tax accrual (note 8) |
1,198 |
980 |
Accrued agent fees |
667 |
301 |
Other accruals related to customer contracts |
152 |
433 |
Other accrued liabilities and deferred income |
256 |
348 |
Total |
4,060 |
2,790 |
|
|
|
| | |
At the end of the financial period, the company had a payment programme related long-term interest bearing debt EUR 13.3 million (12.1), EUR 0.5 (4.5) million short-term interest bearing liabilities, EUR 3.5 (3.7) million long-term non-interest bearing debt and EUR 1.1 million (0.3) short-term non-interest bearing debt to the main creditor. Total debt to the main creditor was EUR 18.6 million.
Payments will be due in payment semi-annually at the end of June and December and the final installments will be paid in June 2025. Details can be found in the payment programme for the company in Annex 15, which is published in the Tecnotree Corporation's stock exchange release of 30 September 2016 under the title The Restructuring Programme proposal.
The liabilities above include restructuring debt as follows:
EUR 1,000 |
2019 |
2018 |
|
|
|
Ordinary restructuring debts from the main creditor, interest-free |
1,109 |
1,552 |
Ordinary restructuring debts, interest-free |
3,725 |
3,997 |
Guaranteed restructuring debts from the main creditor, interest bearing |
7,242 |
9,654 |
Corporate mortgage debts from the main creditor, interest bearing |
6,487 |
6,952 |
Restructuring debt total |
18,563 |
22,156 |
| | |