6.3.27Trade and Other Payables

Trade and other payables (summary)

Notes

31 December 2015

31 December 2014

Accruals on projects

293

831

Trade payables

147

256

Accruals regarding delivered orders

142

271

Other payables

131

135

Instalments exceeding cost incurred

6.3.19

56

29

Advances received from customers

0

23

Pension taxation

14

19

Taxation and social security costs

29

17

Other non-trade payables

179

139

Total

6.3.29

992

1,721

The decrease year on year of accruals on projects is relating to the lower construction activities on FPSOs Turritella, Cidade de Marica and Cidade de Saquarema given the advanced stage of completion on these three projects.
The decreased amount of accruals regarding delivered orders is supported by the completion of FPSOs Cidade de Ilhabela and N'Goma in November 2014.

The contractual maturity of the trade payables is as follows:

Trade and other payables (contractual maturity of the trade payables)

31 December 2015

31 December 2014

Within 1 month

146

235

Between 1 and 3 months

1

7

Between 3 months and 1 year

0

14

More than one year

0

0

Total Trade payables

147

256