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42 Trade and other payables

    notes   30 June 2016   30 June 2015
        €000   €000
             
Amounts due to current and retired members       58,344   53,539
Trade payables       20,918   17,284
Taxes and social security       1,141   1,340
Other financial liabilities12   44   2,513   880
Other payables12       6,711   8,952
             
        89,627   81,995

Trade payables are normally settled on 30-day terms.

Amounts due to current and retired members are current account balances. Amounts drawn by current members as advances on the profit share are presented as prepayments.

Payables from related parties are included in trade payables. For further information regarding related parties reference is made to Note 50.

12) Reclassification in 2014/2015 for comparative purposes.