Note 46 Provisions

Long-service benefits are built up in advance through this provision for all Alliander permanent staff. The network companies reached agreement with the unions on a new collective labour agreement at the end of 2018.

Note 47 Current and accrued liabilities

The short-term liabilities, accruals and deferred income relate to trade payables, taxes payable and the other short-term liabilities.

Note 48 Derivatives

Derivatives are measured at fair value. There were no derivatives on the balance sheet at year-end 2021 or 2020.

Note 49 Contingent assets and liabilities

Please refer to note [45] to the consolidated financial statements for details of lease payables.

Note 50 Operating income

The figures for 2020 have been adjusted for comparison purposes.

Note 51 Costs of subcontracted work and other external expense

Note 52 Employee benefit expense

The employee benefit expense item mainly concerns the costs of group-wide activities at holding company level.

Note 53 Depreciation and amortisation

Depreciation of IT assets and right-of-use assets are recognised in the Other column.

Note 54 Other operating expenses

 Costs passed on by group companies mainly concerns internal development projects at holding company level.

Note 55 Finance income

The finance income from loans to group companies was down by €9 million compared with 2020 as a result of changes in the interest rate charged and changes in the composition of group companies.