Other liabilities | 31 December 2013 | 31 December 2012 |
Accrued expenses |
638 382 |
625 892 |
Accrued costs of agency commissions |
209 871 |
194 341 |
Accrued payroll costs |
121 415 |
128 296 |
Accrued costs of reinsurance |
194 079 |
172 246 |
Accrued employee bonuses |
84 064 |
102 403 |
Other |
28 953 |
28 606 |
Deferred income |
17 738 |
10 420 |
Other liabilities |
8 270 255 |
2 420 155 |
Liabilities due to direct insurance |
634 831 |
649 023 |
Liabilities due to reinsurance |
53 738 |
54 470 |
Liabilities from sell-buy-back transactions |
5 124 161 |
839 969 |
Liabilities from credits and loans |
227 353 |
166 276 |
Liabilities to participants in the consolidated investment funds |
267 335 |
- |
Liabilities to the State Treasury, other than income tax |
147 721 |
19 407 |
Public law obligations: Social Insurance Institution, PFRON, Company’s Social Benefits Fund and other |
23 195 |
21 234 |
Liabilities to employees |
3 481 |
2 995 |
Insurance Guarantee Fund |
10 231 |
7 373 |
Due to acquired securities and margin deposits |
1 528 953 |
438 840 |
Dividend liabilities to PZU shareholders |
3 321 |
3 453 |
Trade payables to suppliers |
69 273 |
72 092 |
Estimated non-insurance liabilities 1) |
125 673 |
108 694 |
Other |
50 989 |
36 329 |
Total other liabilities |
8 926 375 |
3 056 467 |
As at 31 December 2013 and 31 December 2012 the fair value of other liabilities did not differ substantially from their carrying amount.
Liabilities by contractual maturity | 31 December 2013 | 31 December 2012 |
Up to 1 year |
8 498 477 |
3 047 393 |
Over 1 year and up to 5 years |
158 458 |
6 785 |
Over 5 years |
269 440 |
2 289 |
Total liabilities by contractual maturity |
8 926 375 |
3 056 467 |