48 Trade payables

Following the revision of the chart of accounts, the liabilities to Group companies (2008: €36 million; 1 January 2008: €69 million) formerly recognised in other liabilities, were reclassified into trade payables. The prior-period amounts were adjusted accordingly.

€m
  1 Jan. 2008
adjusted1)
2008
adjusted1)

2009
   

Trade payables 5,453 5,016 4,861

€862 million of the trade payables (previous year: €986 million) relate to Deutsche Post AG. Trade payables primarily have a maturity of less than one year. The reported carrying amount of trade payables corresponds to their fair value.

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