Liabilities

• Creditors Short All current liabilities payable on demand or within one year of the Balance Sheet date. For Banks this also includes short term bank liabilities such as deposits.
  
  
• Creditors Long All non-current liabilities payable more than one year after the Balance Sheet date. This includes provisions and deferred taxation, loans and debt, including convertible debt, repayable more than one year after the Balance Sheet date.
  
  
• Creditors Other The sum of company's liabilities which are not divided into Short or Long term creditors. Applicable also to Insurance Companies including provisions
  
  
• Subordinated Loans Applicable to Banks. Subordinated loans are loans made by the company where there is a charge or conversion capability. That means that in repayment terms the charge on the debt falls between normal loans and share capital. This debt is junior in claim on assets to other debt i.e. repayable only after other debts with a higher claim have been satisfied.