Other payables may be broken down as follows:

(in thousands  of euro)            
  12/31/2010 12/31/2009
  Total non-current Current Total * non-current Current
Associates and joint ventures 1,439 - 1,439 20,983 - 20,983
Suppliers 1,053,222 - 1,053,222 959,996 - 959,996
Notes payable 11,700 - 11,700 1,933 - 1,933
Payables on contract work - - - 4,961 - 4,961
  1,066,361 - 1,066,361 987,873 - 987,873

* including discontinued operations totalling euro 164,073 thousand

Other current payables (euro 102,689 thousand) include:

  • payables of euro 48,131 for the purchase of property, plant and equipment;
  • payables of euro 4,079 thousand to agents, professionals and consultants;
  • payables of euro 3,035 thousand to Directors and Supervisory Body;
  • payables of euro 580 thousand to Statutory Auditors;
  • euro 1,678 thousand in advances paid by the European Union to the Tyre segment for research projects;
  • euro 5,240 thousand in advances paid by the Region of Piedmont to the Tyre segment for research projects;
  • payables of euro 5,603 thousand for withholding tax owed by the Tyre segment;
  • earnest money of euro 1,800 thousand paid for the sale of land in Settimo Torinese;
  • advances from customers of euro 3,280 thousand.

For other current and non-current payables, the carrying amount is considered approximate to the fair value.