Accounting policies
Liabilities included in this item are measured at amounts due which cover potential interest on the liabilities, and the accrual for future payments in reliably estimated, justified amounts necessary to meet the present obligation as at the end of the reporting period. Non-financial liabilities are measured in accordance with the measurement policies binding for particular liability categories recognized in this item.
Financial information
| 31.12.2017 | 31.12.2016 | |
| Expenses to be paid | 631 | 573 |
| Deferred income | 391 | 608 |
| Liability in respect of tax on certain financial institutions | 76 | 77 |
| Interbank settlements | 1 313 | 813 |
| Liabilities arising from investing activities and internal operations | 295 | 324 |
| Amounts due to suppliers | 211 | 206 |
| Liabilities and settlements in respect of trading in securities | 534 | 210 |
| Settlements of financial instruments (including unpaid option premium) | 281 | 355 |
| Liabilities in respect of contribution to the Bank Guarantee Fund1 | 120 | - |
| Liabilities under the public law | 165 | 99 |
| Liabilities in respect of foreign exchange activities | 350 | 217 |
| Liabilities in respect of payment cards | 259 | 111 |
| Liabilities to insurance institutions | 59 | 146 |
| Settlements relating to buying foreign currencies | - | 26 |
| Other2 | 377 | 222 |
| Total | 5 062 | 3 987 |
| of which financial liabilities | 4 129 | 3 058 |
1 The item “Liabilities in respect of contributions to the Bank Guarantee Fund” includes an obligation to pay contributions to BGF (see Note 53 Assets pledged to secure liabilities and financial assets transferred).
2 The item “Other” includes amounts due to insurance companies and liabilities in respect of interest charges on the interest temporarily repurchased from the State Budget.
As at 31 December 2017, and as at 31 December 2016, the Group did not have any liabilities in respect of which it did not meet its contractual obligations.