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Payables and Other Non-current Liabilities
12 Months Ended
Dec. 31, 2022
Subclassifications of assets, liabilities and equities [abstract]  
Payables and Other Non-current Liabilities Payables and other non-current liabilities
The composition of “Payables and other non-current liabilities” of the Telefónica Group at December 31, 2022 and December 31, 2021 is as follows:
Millions of euros12/31/202212/31/2021
Payables1,914 1,733 
Trade payables463 236 
Payables for spectrum acquisition1,293 1,361 
Other payables158 136 
Other non-current liabilities1,632 1,356 
Contractual liabilities (Note 23)891 829 
Deferred revenue199 217 
Current tax payables542 310 
Total3,546 3,089 
"Non-currrent debt for spectrum acquisition" as of December 31, 2022 and December 31, 2021, is detailed below:
Millions of euros12/31/202212/31/2021
Telefónica Spain74 79 
Telefónica Colombia 85 — 
Telefónica Brazil243 292 
Telefónica Germany891 990 
Total1,293 1,361 
The outstanding liabilities at December 31, 2022 from the acquisition of spectrum licenses by Telefónica Brazil in November 2021 (see Note 6) amounted to 1,844 million Brazilian real (331 million euros) including 1,192 million Brazilian reais (214 million euros) are classified as non-current. At December 31, 2021, outstanding liabilities amounted to 4,451 million Brazilian reais (704 million euros at exchange rate of 2021), including 1,704 million Brazilian reais (270 million euros at closing exchange rate of 2021) were classified as non-current.
In June 2019 Telefónica Germany acquired a total of 90 MHz spectrum at a cost of 1,425 million euros. The Company, like the other auction participants, reached an agreement to defer payments in interest-free annual installments until 2030, instead of an upfront one-time payment (see Appendix VI). In 2022 and 2021, payments amounting to 108 million euros have been made each year (see Note 28). The current value of the debt at December 31, 2022 amounted to 998 million euros (1,097 million euros at December 31, 2021), 891 million euros have a maturity of more than twelve months (990 million euros at December 31, 2021).
Payments for financed licenses for the years 2022 and 2021 amounted to 657 and 165 million euros, respectively (see Note 28).

“Deferred revenues” include grants amounting to 53 million euros at December 31, 2022 (55 million euros at December 31, 2021).