Trade and other payables

12 Months Ended

Dec. 31, 2018

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Trade and other payables

28. Trade and other payables

NON-CURRENT TRADE AND OTHER PAYABLES

Million US dollar	31 December 2018		31 December 2017
Indirect taxes payable		194		157
Trade payables		238		380
Deferred consideration on acquisitions		1 247		699
Other payables		138		226
Non-current trade and other payables		1 816		1 462

CURRENT TRADE AND OTHER PAYABLES

Million US dollar	31 December 2018		31 December 2017
Trade payables and accrued expenses		15 512		15 240
Payroll and social security payables		900		1 284
Indirect taxes payable		2 633		2 862
Interest payable		1 616		1 790
Consigned packaging		1 093		1 111
Dividends payable		331		479
Deferred income		32		30
Deferred consideration on acquisitions		163		1 723
Other payables		289		243
Current trade and other payables		22 568		24 762

As at 31 December 2018, deferred consideration on acquisitions is mainly comprised of 0.6 billion US dollar for the put option included in the 2012 shareholders’ agreement between Ambev and ELJ which may result in Ambev acquiring additional shares in Cervecería Nacional Dominicana S.A. (“CND”). In January 2018, ELJ partially exercised its option to sell approximately 30% of the shares of CND for an amount of 0.9 billion US dollar, resulting in Ambev’s participation in CND increasing from 55% to 85%.