| Maturity | |||||
|---|---|---|---|---|---|
| (in millions of euros) | < 1 year | 1–5 years | > 5 years | Gross value at 31/12/2019 | Gross value at 31/12/2018 |
| Liabilities | |||||
| Bonds | Bonds Maturity3,781 | 11,081 | 35,710 | 50,572 | 50,068 |
| Borrowings from financial institutions | Borrowings from financial institutions Maturity- | - | 1,289 | 1,289 | 1,154 |
| Other borrowings | Other borrowings Maturity1,833 | 7 | 5 | 1,845 | 2,011 |
| Other financial liabilities: | - | ||||
Advances on consumption | Advances on consumption Maturity1 | 5 | 20 | 26 | 26 |
Other | Other Maturity1,439 | - | - | 1,439 | 1,385 |
| Financial liabilities (see Note 33) | Financial liabilities (see Note 33)Maturity7,054 | 11,093 | 37,024 | 55,171 | 54,644 |
| Advances and progress payments received(1) | Advances and progress payments received(1)Maturity7,050 | - | - | 7,050 | 7,134 |
| Trade payables and related accounts | Trade payables and related accounts Maturity7,572 | 108 | 40 | 7,720 | 7,447 |
| Tax and social security liabilities(2) | Tax and social security liabilities (2)Maturity8,357 | - | - | 8,357 | 8,157 |
| Liabilities related to fixed assets and related accounts | Liabilities related to fixed assets and related accounts Maturity2,172 | - | - | 2,172 | 2,670 |
| Other liabilities(3) | Other liabilities (3)Maturity14,072 | 1 | - | 14,073 | 14,955 |
| Operating, investment and other liabilities | Operating, investment and other liabilitiesMaturity32,173 | 109 | 40 | 32,322 | 33,229 |
| Cash instruments | Cash instrumentsMaturity3,136 | 640 | 611 | 4,387 | 3,462 |
| Deferred income(4) | Deferred income(4)Maturity610 | 915 | 1,587 | 3,112 | 3,116 |
| TOTAL LIABILITIES | TOTAL LIABILITIESMaturity50,023 | 12,757 | 39,262 | 102,042 | 101,585 |
(1) Advances and progress payments received principally include monthly standing order payments by EDF’s residential and business customers, amounting to €6,719 million at 31 December 2019 (€6,827 million at 31 December 2018).
(2) In 2019 this item includes an amount of €1,463 million for the CSPE to be collected by EDF on energy supplied but not yet billed (€1,521 million in 2018).
(3) Mainly the amount of current accounts, cash pooling and underwriting and cash management agreements with subsidiaries.
(4) Deferred income at 31 December 2019 comprises the partner advances made to EDF under nuclear plant financing plans and the associated long-term contracts, amounting to €1,710 million (€1,663 million in 2018). Deferred income on long-term contracts also includes the advance paid to EDF in 2010 under the agreement with the Exeltium consortium. This advance is transferred to the income statement progressively over the term of the contract.
