20645_Scapa_AR_160504

NOTES ON THE ACCOUNTS CONTINUED
19. TRADE AND OTHER PAYABLES
Amounts due within one year:
Trade payables and trade accruals 30.0 29.5
Other taxes and social security 4.5 4.1
Other creditors 10.7 11.2
Amounts due after more than one year:
2016
£m
2015
£m
45.2 44.8
Other creditors 0.2 0.2
The carrying amounts of these payables are denominated in the following currencies:
2016
£m
2015
£m
Amounts due within one year:
Pounds Sterling 10.4 12.7
US Dollars 13.3 11.2
Euros 17.6 15.6
Other 3.9 5.3
45.2 44.8
2016
£m
2015
£m
Amounts due after more than one year:
US Dollars 0.1 0.1
Euros 0.1 0.1
0.2 0.2
Trade payables principally comprise amounts outstanding for trade purchases and ongoing costs. The average credit period taken for trade
purchases is 78 days (2015: 79 days), stated using the non-labour element of cost of goods sold. The Group has financial risk management
policies in place to ensure that all payables are paid within the pre-agreed credit terms.
20. BORROWINGS
Amounts due within one year:
2016
£m
2015
£m
Finance leases 0.1 0.1
Other loans 0.9 1.2
1.0 1.3
Amounts due after more than one year:
Bank loan 20.2 18.6
Finance leases 0.1 0.2
20.3 18.8
Total borrowings 21.3 20.1
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SCAPA GROUP PLC ANNUAL REPORT AND ACCOUNTS 2016
89
Annual Report and Accounts 2016 Scapa Group plc