33. Trade and Other Payables

in thousands of EUR	Notes	31 December 2016	31 December 2015

Trade payables		180,889	134,032
Accrued expenses		108,019	97,792
Employee related payables		97,973	94,665
Other taxes and social security		76,501	70,174
Deferred income		64,266	67,849
Payables to related parties	37.1	23,414	17,937
Other payables		37,362	51,160
		588,424	533,609

The carrying value is assumed to approximate the fair value due to the short-term nature.