Annual
report 2020

16.1. Trade payables

(in PLN millions) At 31 December
2020
At 31 December
2019
Trade payables 1,417 1,466
Fixed assets payables 671 751
Telecommunications licence payables 390 498
Total trade payables 2,478 2,715
Current 2,236 2,367
Non-current(1) 242 348
(1) Includes telecommunications licence payables only.

As at 31 December 2020 and 2019, trade payables subject to reverse factoring amounted to PLN 117 million and PLN 147 million, respectively. These payables are presented together with the remaining balance of trade payables, as analysis conducted by the Group indicates they have retained their trade nature.

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