43. Other liabilities
Reference Areas:
Health
Investments
Banking
Best Pratices in PZU
| Other liabilities | 31 December 2017 | 31 December 2016 (restated) |
| Accrued expenses | 1,462 | 1,182 |
| Accrued expenses of agency commissions | 336 | 301 |
| Accrued sales commission expenses in group insurance | 8 | 10 |
| Accrued payroll expenses | 160 | 170 |
| Accrued reinsurance expenses | 367 | 432 |
| Accrued employee bonuses | 320 | 149 |
| Other | 271 | 120 |
| Deferred revenue | 354 | 152 |
| Other liabilities | 7,229 | 3,657 |
| Liabilities due under transactions on financial instruments | 1,772 | 932 |
| Liabilities to banks for payment documents cleared in interbank clearing systems | 2,125 | 593 |
| Liabilities on direct insurance | 840 | 849 |
| Liabilities on account of payment card settlements | 437 | 65 |
| Regulatory settlements | 151 | 67 |
| Liabilities for contributions to the Bank Guarantee Fund | 80 | 10 |
| Reinsurance liabilities | 140 | 133 |
| Estimated non-insurance liabilities | 126 | 119 |
| Liabilities to employees | 163 | 165 |
| Estimated refunds of compensation in connection with banks’ clients lapsing or withdrawing from insurance purchased during the sale of credit products | 121 | 71 |
| Trade liabilities | 320 | 91 |
| Current income tax liabilities | 390 | 225 |
| Liabilities to the state budget other than for income tax | 110 | 56 |
| Liabilities on account of donations | 28 | 34 |
| Liabilities on account of non-market lease contracts | 14 | 32 |
| Alior Bank’s liabilities for insurance of bank products offered to the bank’s clients | 17 | 23 |
| Insurance Indemnity Fund | 16 | 16 |
| Liabilities for direct claims handling | 14 | 13 |
| Other | 365 | 163 |
| Other liabilities, total | 9,045 | 4,991 |
As at 31 December 2017 and 31 December 2016, the fair value of other liabilities did not differ significantly from their carrying amount, primarily due to the fact that more than 95% were short-term liabilities.
| Other liabilities by maturity | 31 December 2017 | 31 December 2016 (restated) |
| Up to 1 year | 8,730 | 4,808 |
| 1 to 5 years | 269 | 181 |
| Over 5 years | 46 | 2 |
| Total other liabilities by maturity | 9,045 | 4,991 |
