Note 16 – Other Current Liabilities Audited

 

million CHF 2017 2016
     
Accrued liabilities and other payables 622 551
Derivative financial instruments (see note 29.5) 20 87
Liability related to securitization program (see note 11) 67 22
Other financial liabilities 268 212
Accrued interest payables 15 10
Total 992 882


“Accrued liabilities and other payables” include accruals and deferred income, such as down-payments from customers.