38. Other liabilities
Significant accounting policies
Deferred income and accrued expenses (liabilities)
This caption includes primarily commission income settled using the straight line method and other income charged in advance, that will be recognized in the income statement in the future periods.
Accrued expenses include accrued costs resulting from services provided for the Group by counterparties which will be settled in future periods, accrued payroll and other employee benefits (including annual and Christmas bonuses, other bonuses and awards and accrued holiday pay).
Deferred income and accrued expenses are presented in the statement of financial position under the caption ‘Other liabilities’.
Financial data
| 31.12.2021 | 31.12.2020 | |
|---|---|---|
| Deferred income | 207,048 | 207,401 |
| Provisions for holiday leave | 77,274 | 65,867 |
| Provisions for other employee-related liabilities | 259,499 | 198,084 |
| Provisions for administrative costs | 158,400 | 96,230 |
| Other costs to be paid (*) | 114,210 | 75,867 |
| Other creditors | 1,075,925 | 1,032,648 |
| Interbank and interbranch settlements | 819,798 | 708,338 |
| Card settlements | 393,137 | 334,215 |
| Total | 3,105,291 | 2,718,650 |
(*) In this as at 31 December 2021 PLN 32 055 thousands of provision for future refunds of the part of the remuneration for sale of insurance products linked to loans (PLN 31 978 thousand as at 31 December 2020).