Výročná správa 2009 - Komunálna Poisťovňa

(All amount are in thousands of Euros, unless stated otherwise)16 Trade and other payablesYear ended 31 December 2009 2008Amounts due to related parties (Note 28) 1,383 448Insurance liability- amounts due to clients 7,344 6,298- amounts due to agents 1,445 1,134- amounts due to reinsurers 1,832 2,826Trade payables and accrued expenses 2,045 2,489Total financial liabilities 14,049 13,195Payables to employees 1,113 624Social security and other tax liabilities 315 256Total 15,477 14,075Current portion 15,477 14,075Non-current portion - -Insurance liability due to clients includes amounts collected in respect with MTPL which relatesto next period at EUR 3,516 thousand at 31 December (31 December 2008: EUR 3,225 thousand)The item ‘trade payables’ includes the obligation emerging from §30 of Insurance Law no.95/2002 Z. z., which means a transfer of part of premium of EUR 1,700 thousand at 31 December2009 (31 December 2008: EUR 2,112 thousand), which is assigned for firefighter squads andemergency units.Payables to employees include jubilee payments and pension provisions.All liabilities for 2009 and 2008 are within the due date.Liabilities from social fund included in payables to employees:Year ended 31 December 2009 2008At the beginning of the year 9 19Business combination 17Creation 59 17Utilisation (24) (29)Exchange rate difference from translation to presentation currency - 2Closing balance 61 9Ročná účtovná závierka a komentár I Company Accounts185