FINANCIAL STATEMENTS 2010 - Finnlines

Finance lease liabilities
Finance lease liabilities consist of two pier ramp constructions and one office building, as well as certain machinery and equipment be-
longing to the port operations business.
EUR 1,000 2010 2009
Future minimum lease payments due:
Within 12 months 1,154 1,147
1-5 years 4,491 4,523
After five years 5,697 6,777
11,341 12,447
Future interest expenses from finance lease agreements 2,366 2,670
Current value of minimum lease payments
Within 12 months 1,072 1,068
1-5 years 4,017 4,041
After five years 3,887 4,667
8,976 9,776
28. ACCOUNTS PAYABLE AND OTHER LIABILITIES
2010 2009
EUR 1,000 Fair Value Carrying amount Fair Value Carrying amount
Interest-free liabilities, long-term
Currency forward contracts - hedge accounting 725 725
Other long-term liabilities 12 12 16 16
12 12 742 742
2010 2009
EUR 1,000 Fair Value Carrying amount Fair Value Carrying amount
Accounts payable and other liabilities
Liabilities measured at cost
Accounts payable 31,215 31,215 12,732 12,732
Accrued personnel costs 18,262 18,262 16,776 16,776
Accrued interest 5,354 5,354 7,614 7,614
Other accrued expenses and deferred income 15,188 15,188 17,446 17,446
Other liabilities 17,220 17,220 15,636 15,636
Current advances received 891 891 773 773
Financial liabilities at fair value
Interest rate SWAPs - non-hedge accounting 2,369 2,369
Currency forward contracts - hedge accounting 368 368
88,130 88,130 73,714 73,714
The book value of accounts payable and other liabilities is the reasonable estimate of their fair values. The table below shows the signifi-
cant items in accrued liabilities and the distribution of accounts payable by currency.
(figures in EUR thousand, if not stated otherwise)
FINNLINES PLC Financial Statements 2010
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