Integrated
Report 2022

32.2. Short-term trade payables and other liabilities

31.12.2022 31.12.2021
Short-term liabilities: 503,640 526,093
Trade receivables 350,561 409,990
On account of property, plant and equipment purchase 69,800 48,645
Payroll payables 31,790 22,258
Total financial liabilities (under IFRS 7) 452,151 480,893
Public law payables (except for income tax payables) 47,083 41,034
Other 4,406 4,166
Total non-financial liabilities 51,489 45,200

The conditions of related-party transactions are presented in note 35.2 of the supplementary information and explanatory notes. Trade payables do not bear interest and are usually settled within 30-60 days. Other liabilities do not bear interest and their average payment period is one month.

The said liabilities are not secured with the Group assets.