41. Other liabilities

Other liabilities

in € thousand

 

31.12.2018

 

31.12.2017

Liabilities to employees

 

11,837

 

9,020

Tax liabilities

 

9,221

 

9,192

Employers’ liability insurance premiums

 

4,466

 

4,376

Advance payments received for orders

 

2,316

 

2,119

Social security payables

 

1,963

 

1,431

Port workers’ welfare fund (Hafenfonds)

 

1,281

 

1,344

Other

 

1,716

 

5,023

 

 

32,800

 

32,505

The liabilities towards employees largely include liabilities arising from holiday entitlements, which have risen compared to the previous year.

The decline in other liabilities chiefly results from a subsequent purchase price payment in the previous year for the acquisition of shares in an already fully consolidated company.

All other liabilities have a remaining term of up to one year.