Financial report / Explanations and comments on the Balance Sheet / 26. Accounts payable and accrued liabilities
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Accounts payable and accrued liabilities

2012 2011
Trade accounts payable 464.8 454.5
Staff related liabilities 182.6 156.4
VAT payable on leased aircraft 104.0 67.6
Customs duties payable on leased aircraft 10.3 12.2
Advances received (other than unearned transportation revenue) 52.1 236.6
Income tax payable 18.1 17.9
Other taxes payable 23.0 44.4
Merchandise credits 1.1 1.9
Dividends payable 0.7 2.0
Other payables 100.7 40.0
Other liabilities related to frequent flyer programme (Note 28) 31.7 19.2
989.1 1,052.7

As at 31 December 2012 accounts payable and accrued liabilities include the short-term portion of VAT of USD 104.0 million (31 December 2011: USD 67.6 million) and customs duties of USD 10.3 million (31 December 2011: USD 12.2 million) relating to imported leased aircraft, which are payable in equal monthly instalments over a thirty-four-month period from the date these assets were cleared through customs. The long-term portion of VAT payable and customs duties of USD 105.3 million (31 December 2011: USD 47.9 million) and USD 8.4 million (31 December 2011: USD 5.5 million), respectively, relating to the leased aircrafts are disclosed in Note 33.

Staff related payables primarily include salaries and social contribution liabilities of USD 86.1 million (31 December 2011: 75.3 million) and the unused vacation accrual of USD 55.4 million (31 December 2011: USD 81.1 million).

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