| (in millions of euros) | 31/12/2019 | 31/12/2018 |
|---|---|---|
| Trade payables – excluding EDF Trading | Trade payables – excluding EDF Trading 31/12/2019 11,243 | Trade payables – excluding EDF Trading 31/12/2018 11,177 |
| Trade payables – EDF Trading | Trade payables – EDF Trading 31/12/2019 1,624 | Trade payables – EDF Trading 31/12/2018 2,244 |
| TRADE PAYABLES | TRADE PAYABLES 31/12/2019 12,867 | TRADE PAYABLES 31/12/2018 13,421 |
The Group has a reverse factoring programme allowing suppliers to transfer their receivables on EDF to a factoring company, at their own initiative.
For the Group, this programme does not cause any change in the substance and features of the receivables held by suppliers on EDF. In particular it does not affect the sequences of operating cash flows. The associated liabilities are therefore included in “trade payables” in the Group’s financial statements.
Details of other liabilities are as follows:
| (in millions of euros) | 31/12/2019 | Including contract liabilities | 31/12/2018 | Including contract liabilities |
|---|---|---|---|---|
| Advances and progress payments received | Advances and progress payments received 31/12/2019 1,975 | Advances and progress payments received Including contract liabilities 1,761 | Advances and progress payments received 31/12/2018 1,920 | Advances and progress payments received Including contract liabilities 1,858 |
| Liabilities related to property, plant and equipment | Liabilities related to property, plant and equipment 31/12/2019 3,824 | Liabilities related to property, plant and equipment Including contract liabilities - | Liabilities related to property, plant and equipment 31/12/2018 3,757 | Liabilities related to property, plant and equipment Including contract liabilities - |
| Tax liabilities | Tax liabilities 31/12/2019 4,439 | Tax liabilities Including contract liabilities - | Tax liabilities 31/12/2018 4,624 | Tax liabilities Including contract liabilities - |
| Social charges | Social charges 31/12/2019 4,535 | Social charges Including contract liabilities - | Social charges 31/12/2018 4,388 | Social charges Including contract liabilities - |
| Deferred income on long-term contracts | Deferred income on long-term contracts 31/12/2019 3,412 | Deferred income on long-term contracts Including contract liabilities 3,412 | Deferred income on long-term contracts 31/12/2018 3,413 | Deferred income on long-term contracts Including contract liabilities 3,413 |
| Other deferred income | Other deferred income 31/12/2019 641 | Other deferred income Including contract liabilities 509 | Other deferred income 31/12/2018 609 | Other deferred income Including contract liabilities 577 |
| Other | Other 31/12/2019 2,712 | Other Including contract liabilities - | Other 31/12/2018 2,198 | Other Including contract liabilities - |
| OTHER LIABILITIES | OTHER LIABILITIES 31/12/2019 21,538 | OTHER LIABILITIES Including contract liabilities 5,682 | OTHER LIABILITIES 31/12/2018 20,908 | OTHER LIABILITIES Including contract liabilities 5,848 |
| Non-current portion | Non-current portion 31/12/2019 4,928 | Non-current portion Including contract liabilities 3,473 | Non-current portion 31/12/2018 4,896 | Non-current portion Including contract liabilities 3,805 |
| Current portion | Current portion 31/12/2019 16,610 | Current portion Including contract liabilities 2,209 | Current portion 31/12/2018 16,012 | Current portion Including contract liabilities 2,043 |
Advances and progress payments received comprise €651 million of payments made by the customers in Framatome’s long-term contracts (€679 million at 31 December 2018).
At 31 December 2019, tax liabilities mainly include an amount of €560 million for the CSPE to be collected by EDF on energy supplied but not yet billed, less the CSPE collected on advances from customers who pay in regular monthly instalments (€659 million at 31 December 2018).
EDF’s deferred income on long-term contracts at 31 December 2019 comprises €1,709 million (€1,663 million at 31 December 2018) of partner advances made to EDF under the nuclear plant financing plans.
Deferred income on long-term contracts also includes an advance of €1.7 billion paid to the EDF group in 2010 under the agreement with the Exeltium consortium. This advance is transferred to the income statement progressively over the term of the contract (24 years).
The “Other” line of the table includes investment subsidies received during 2019, amounting to €543 million (€351 million in 2018).
