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18. Non-current and current liabilities

EUR 1,000 2018 2017



Non-current liabilities
Restructuring debts from the main creditor, interest-bearing 12,142 16,606
Loans from Group companies 34 289
Restructuring debts from the main creditor, non-interest bearing 3,725 3,996
Other restructuring debts, non-interest bearing 1,109 1,556
Termination benefits 194 301
Non-current liabilities total 17,204 22,748



Current liabilities
Loans from the main creditor, interest bearing 4,465 1,096
Loans from the main creditor, non-interest bearing 272 400
Other restruturing debt, non-interest bearing 444 651
Trade payables 1,395 3,331
Accrued liabilities and deferred income 2,790 4,317
Other liabilities 603 164
Total 9,969 9,958



Liabilities from Group companies:
Trade payables 6,328 8,503
Other liabilities 220 1,348
Total 6,548 9,851



Current liabilities total 16,517 19,809



Major items included in accrued liabilities and deferred income
Other accrued personnel expenses 728 1,300
Withholding tax accrual (note 8) 980 1,050
Accrued interest expenses
415
Accrued agent fees 301 326
Valuation of interest rate swap
128
Other accruals related to customer contracts 433 288
Other accrued liabilities and deferred income 348 810
Total 2,790 4,317



At the end of the financial period, the company had a payment programme related long-term interest bearing debt EUR 12.1 million (16.6), EUR 4.5 (1.1) million short-term interest bearing liabilities, EUR 3.7 (4.0) million long-term non-interest bearing debt and EUR 0.3 million short-term non-interest bearing debt to the main creditor. Total debt to the main creditor was EUR 20.6 million.


Payments will be due in payment semi-annually at the end of June and December and the final installments will be paid in June 2025. Details can be found in the payment programme for the company in Annex 15, which is published in the Tecnotree Corporation's stock exchange release of 30 September 2016 under the title The Restructuring Programme proposal.


The liabilities above include restructuring debt as follows:


EUR 1,000 2018 2017



Ordinary restructuring debts from the main creditor, interest-free 1,552 2,206
Ordinary restructuring debts, interest-free 3,997 4,396
Guaranteed restructuring debts from the main creditor, interest bearing 9,654 9,654
Corporate mortgage debts from the main creditor, interest bearing 6,952 7,881
Restructuring debt total 22,156 24,137