32. Maturities of financial liabilities

The expected contractual maturities of financial liabilities, including interest payments and dividend on preferred shares (2007) are:

December 31, 2008		carrying amount		0-90 days		91-365 days		2-5 years		more than 5 years
Non-current borrowings 1		2,401.9		2,406.4		-		-		-
Current borrowings 2		70.1		70.1		-		-		-
Trade and other payables 3		2,085.8		1,558.5		527.3		-		-
Other non-current liabilities 4		165.3		8.0		35.2		45.6		105.6
		4.723.1		4,043.0		562.5		45,6		105.6

December 31, 2007		carrying amount		0-90 days		91-365 days		2-5 years		more than 5 years
Preferred shares 5		165.8		-		7.2		28.8		7.2 p.a.
Non-current borrowings 1		460.0		462.1		-		-		-
Current borrowings 2		68.3		68.3		-		-		-
Trade and other payables 3		1,152.2		901.2		251.0		-		-
		1,846.3		1,431.6		258.2		28.8		-

1	Drawings on the syndicated loan contractually mature in January 2008 (see note 27); most likely to be extended by new drawings.
2	No interest included, since current borrowings are considered repayable upon demand.
3	Excluding deferred income (2008 and 2007), short-term part other non-current liabilities (2008) and dividend preferred shares (2007).
4	Other non-current liabilities based upon the estimated maturities, due to the nature of put options.
5	As per note 25 only to be repaid upon proposal of the company to the Annual General Meeting of Shareholders. In this scheme, no repayment is considered as per December 31, 2007. Dividend is stated based on the current annual amount as per December 31, 2007. As per December 31, 2007 the preferred shares were classified as non-current liabilities, whereas as per December 31, 2008 as equity.