Annual Report 2016

F.13. Payables

(CZK million)31.12.201631.12.2015
restated
Payables arising out of direct insurance operations2,0792,138
Payables arising out of reinsurance operations4,5284,428
Current income tax payables6086
Other payables1,4271,383
Payables to employees143142
Payables to clients and suppliers144118
Social security7473
Dividend33
Other payables – other1,0631,047
Total8,0948,035
Current portion8,0948,035
Non-current portion

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Other payables consists mainly of payables to the Ministry of Finance of the Czech Republic arising from the employer´s liability insurance of CZK 656 million (2015: CZK 673 million).

Of which relates to the Transformed fund

(CZK million)31.12.201631.12.2015
Other payables12180
Payables to clients and suppliers6647
Other payables – other5533
Total12180
Current portion12180

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