CROIssANCE dURAbLE - Euronav.com
CROIssANCE dURAbLE - Euronav.com
CROIssANCE dURAbLE - Euronav.com
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note 21<br />
provisions<br />
(in thousands of USD) claims restructuring<br />
onerous<br />
contracts<br />
other total<br />
Non-current provisions - - - - -<br />
Current provisions - - - - -<br />
at 1 January 2008 - - - - -<br />
Provisions made during the period - - - - -<br />
Provisions used during the period - - - - -<br />
Reversal of unused provisions - - - - -<br />
Unwind of discount - - - - -<br />
Business <strong>com</strong>binations - - - - -<br />
Disposals of subsidiaries - - - - -<br />
Transfers - - - - -<br />
Translation differences - - - - -<br />
Other changes - - - - -<br />
balance at 31 december 2008 - - - - -<br />
Non-current provisions - - - - -<br />
Current provisions - - - - -<br />
balance at 31 december 2008 - - - - -<br />
note 22<br />
trade and other payables<br />
(in thousands of USD) 2008 2007<br />
Trade payables 60,288 32,588<br />
Staff costs 2,614 2,084<br />
Dividends payable 417 136<br />
Derivatives 2,124 20,008<br />
Accrued expenses 33,313 20,693<br />
Deferred in<strong>com</strong>e 1,699 -<br />
Other payables 42,973 14,755<br />
total 143,428 90,264<br />
the amounts mentioned under derivatives can be detailed as follows (see also note 22):<br />
(in thousands of USD)<br />
2008 2007<br />
Forward exchange contracts - -<br />
Interest rate swaps 131 6,815<br />
Forward Freight Agreements 1,993 13,193<br />
total 2,124 20,008<br />
euronav<br />
rapport<br />
annuel 2008<br />
75
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