v3.25.1
Trade and other payables (Tables)
12 Months Ended
Mar. 31, 2025
Trade and other payables  
Schedule of trade and other payables
     
2025 
€m 
 
2024 
m 
Included within
non-current
liabilities
    
Other payables
     245        222   
Insurance liabilities
     226       254  
Accruals
     40       41  
Contract liabilities
     812       343  
Derivative financial instruments
1
      1,824        1,468  
    
 
3,147
 
 
 
2,328
 
Included within current liabilities
    
Trade payables
2
     6,157       5,613  
Amounts owed to associates and joint ventures
     332       346  
Other taxes and social security payable
     846       887  
Other payables
     1,038       846  
Insurance liabilities
     54       48  
Accruals
3
     4,138       4,037  
Contract liabilities
     1,416       1,565  
Derivative financial instruments
1
     82       56  
    
 
14,063
 
 
 
13,398
 
Notes:
 
1.
Items are measured at fair value and the valuation basis is level 2 classification, which comprises items where fair value is determined from inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly.
 
2.
Included in Trade payables are invoices that are registered for the Group’s supply chain financing programme of
2,198 million (1 April 2024:
1,772 million); suppliers had drawn early payments of
1,443 million relating to these invoices at 31 March 2025.
 
3.
Includes
132 million (2024:
nil) payable in relation to the irrevocable and
non-discretionary
share buyback programme announced in February 2025.