An analysis of Other current liabilities is as follows:
|(€ million)||At 31 December 2013||At 31 December 2012|
|Advances on buy-back agreements||1,583||1,198|
|Indirect tax payables||1,302||1,233|
|Accrued expenses and deferred income||2,364||1,92|
|Payables to personnel||778||728|
|Social security payables||343||321|
|Amounts due to customers for contract work (Note 17)||212||178|
|Total Other current liabilities||8,943||7,781|
An analysis of Other current liabilities (excluding Accrued expenses and deferred income) by due date is as follows:
|At 31 December 2013||At 31 December 2012|
|(€ million)||due within|
|Total Other current liabilities
(excluding Accrued expenses and deferred income)
The item Advances on buy-back agreements refers to buy-back agreements entered into by the Group and comprises the price received for the product recognized as an advance at the date of the sale, and subsequently, the repurchase price and the remaining lease installments yet to be recognized.
Indirect tax payables includes taxes on commercial transactions accrued by the Brazilian subsidiary FIASA for which the company (as well as a number of important industrial groups which operate in Brazil) is awaiting the decision by the Supreme Court regarding its claim alleging double taxation. In March 2007, FIASA received a preliminary trial court decision allowing the payment of such tax on a taxable base consistent with the company’s position. Since it is a preliminary decision and the amount may be required to be paid to the tax authorities at any time, the difference between the tax payments as preliminary allowed and the full amount determined as required by the legislation still in force is recognized as a current liability due between one and five years. Timing for the Supreme Court decision is not predictable.
Deferred income includes the revenues not yet recognized in relation to separately-priced extended warranties and service contracts offered by Chrysler. These revenues will be recognized in the Income statement over the contract period in proportion to the costs expected to be incurred based on historical information. In addition, at 31 December 2013, the item also include €214 million deferred income arising from the donation of a land from the State of Pernambuco. This deferred income will be recognized in the Income statement starting from the entering in to activity of the plant (see Note 15).