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46. Other liabilities

Annual Report 2019 > 46. Other liabilities
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Other liabilities 31 December 2019 31 December 2018
Accrued expenses 1,979 1,578
Accrued expenses of agency commissions 390 363
Accrued payroll expenses 217 192
Accrued reinsurance expenses 706 373
Accrued employee bonuses 367 345
Other 299 305
Deferred revenue 322 282
Other liabilities 5,768 5,547
Liabilities due under transactions on financial instruments 905 909
Liabilities to banks for payment documents cleared in interbank clearing systems 1,096 934
Liabilities on direct insurance 892 835
Liabilities on account of payment card settlements 408 419
Regulatory settlements 210 165
Liabilities for contributions to the Bank Guarantee Fund 356 182
Reinsurance liabilities 197 269
Estimated non-insurance liabilities 161 157
Liabilities to employees 47 141
Estimated refunds of compensation in connection with banks’ clients lapsing or withdrawing from insurance purchased during the sale of credit products 69 98
Trade liabilities 337 367
Current income tax liabilities 352 570
Liabilities to the state budget other than for income tax 182 111
Liabilities on account of donations 23 25
Alior Bank’s liabilities for insurance of bank products offered to the bank’s clients 12 20
Insurance Indemnity Fund 15 15
Liabilities for direct claims handling 29 30
Other 477 300
Other liabilities, total 8,069 7,407

As at 31 December 2019 and 31 December 2018, the fair value of other liabilities did not differ significantly from their carrying amount, primarily due to fact that over 96% of them are short-term liabilities.

 
Other liabilities by maturity 31 December 2019 31 December 2018
Up to 1 year 7,822 7,012
1 to 5 years 176 337
Over 5 years 71 58
Total other liabilities by maturity 8,069 7,407