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Accrued expenses and other liabilities

12 Months Ended

Mar. 31, 2023

10. Accrued expenses and other liabilities


	At March 31,
	2023	2022	2021
	€M	€M	€M
Accruals	1,276.6	953.0	887.3
Indirect tax and duties	720.4	485.6	96.7
Unearned revenue (contract liabilities)	2,786.5	1,554.2	290.9
	4,783.5	2,992.8	1,274.9


Contract liabilities comprise:	At March 31,
	2023	2022	2021
	€M	€M	€M
Opening contract liabilities	1,554.2	290.9	546.5
Revenue deferred during the year	11,343.0	5,648.4	1,248.0
Revenue recognized during the year	(10,110.7)	(4,385.1)	(1,503.6)
Closing contract liabilities	2,786.5	1,554.2	290.9

Indirect tax and duties comprise:


	At March 31,
	2023	2022	2021
	€M	€M	€M
PAYE (payroll taxes)	22.5	13.5	11.2
Other tax (principally air passenger duty in various countries)	697.9	472.1	85.5
	720.4	485.6	96.7

Creditors for tax and social insurance are payable in the timeframe set down in the relevant legislation.