Notes on the consolidated balance sheet
22. Creditors: Amounts falling due within one year
1998 1997 1996
£M £M £M
Trade creditors 126 135 122
Accruals 435 374 362
Instinet counterparty creditors 186 77 39
Deferred income 43 38 43
Other creditors 35 36 30
Other taxation and social security 33 36 25
858 696 621
Bank overdrafts 13 42 6
Bank loans 3 6 18
Commercial paper 989 - -
Current UK corporation and overseas taxation 232 269 234
Proposed dividend 155 140 145
2,250 1,153 1,024
Current UK corporation and overseas taxation comprises:
1998 1997 1996
£M £M £M
UK corporation tax:
Advance corporation tax - 47 22
Mainstream corporation tax 105 134 163
Overseas taxes 127 88 49
232 269 234