20 Other Liabilities
In millions of Russian Roubles | 2010 | 2009 |
---|---|---|
Other financial liabilities | ||
Plastic card payables | 25,425 | 13,170 |
Trade payables | 9,318 | 2,970 |
Funds in settlement | 5,071 | 1,579 |
Deposit insurance system fees payable | 4,476 | 3,449 |
Derivative financial instruments | 1,553 | 10,589 |
Deferred commissions received on guarantees issued | 1,222 | 799 |
Other | 2,109 | 562 |
Total other financial liabilities | 49,174 | 33,118 |
Other non-financial liabilities | ||
Accrued employee benefit costs | 15,709 | 11,781 |
Taxes payable other than on income | 8,573 | 5,606 |
Income tax payable | 7,761 | 10,195 |
Advances received | 5,648 | 2,523 |
Deferred gains on initial recognition of financial instruments | 4,108 | 3,863 |
Other | 1,200 | 2,755 |
Total other non-financial liabilities | 42,999 | 36,723 |
Total other liabilities | 92,173 | 69,841 |
As at 31 December 2010 and 31 December 2009 the movements in deferred gains on initial recognition of financial instruments are as follows:
In millions of Russian Roubles | Deferred gains on initial recognition of financial instruments |
---|---|
Carrying amount at 1 January 2009 | - |
Additions | 4,266 |
Amortisation transferred to Income statement | (403) |
Carrying amount at 31 December 2009 | 3,863 |
Additions | 1,104 |
Amortisation transferred to Income statement | (859) |
Carrying amount at 31 December 2010 | 4,108 |
Defined benefit plans of the Group. The Group applies IAS 19 Employee benefits for accounting for its pension liabilities. The Group operates defined benefit plans and takes direct liability to provide pension payments defined according to the Group's pension programmes. As at 31 December 2010 the Group operates 19 separate pension programmes, for Central Head Office and each Regional Head Office. The programmes cover 230 696 employees (2009: 248 033 employees).
29 435 pensioners are entitled to permanent additional payments (2009: 27 818 pensioners) and 36 184 pensioners are entitled to one-time payments (retirement payments, compensation of funeral costs and some others) (2009: 32 105 pensioners). Under majority of the programmes the amount of payments is determined based on employee standing with the Group at the date of retirement. As at 31 December 2010 pension liabilities of the Group comprised RR 7 842 million (2009: RR 5 871 million). Pension expenses for 2010 amounted to RR 1 898 million (2009: RR 1 516 million) and were included in staff costs within operating expenses.
The estimated fair value of other financial liabilities is disclosed in Note 34. Currency and maturity analyses of other liabilities are disclosed in Note 31.