42 Other liabilities

 

2014
£m

20131
£m

1.

Other liabilities have been restated to reflect the adoption by the group of IFRS 10, ‘Consolidated Financial Statements’. Further details are contained in Note 1.

Accruals

327

281

Reinsurers’ share of deferred acquisition costs

69

67

Deferred income liabilities

216

295

Other

351

402

Other liabilities

963

1,045

Settled within 12 months

696

691

Settled after 12 months

267

354

Other liabilities settled after 12 months are expected to be settled within five years.