5.5.6Other Current and Non-Current Liabilities
Current and non current liabilities
31 December 2016 |
31 December 2015 |
||
---|---|---|---|
Amounts owed to Group companies |
- |
2 |
|
Total non current liabilities |
- |
2 |
|
Amounts owed to Group companies |
303 |
38 |
|
Taxation and social security costs |
1 |
5 |
|
Other creditors |
3 |
74 |
|
Total current liabilities |
307 |
116 |
The other current liabilities fall due in less than one year. The fair value of other current liabilities approximates the book value, due to their short-term character.
The movement in the current portion of ‘other creditors’ mainly relates to the last US$ 70 million remaining installment due, following the settlement with the Dutch Public Prosecutor’s Office over the investigation into potentially improper sales payments.