PL
Integrated
Report 2021

33.2 Short-term trade payables and other liabilities

  31.12.2021 31.12.2020
Short-term liabilities:  526,093  352,802 
Trade receivables 409,990 257,932
On account of property, plant and equipment purchase 48,645 34,342
Payroll payables 22,258 20,450
Total financial liabilities (under IFRS 7)  480,893  312,724 
Public law payables (except for income tax payables) 41,034 35,922
Other 4,166 4,156
Total non-financial liabilities  45,200  40,078 

The conditions of related-party transactions are presented in note 36.2 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.