15. Payables; amount falling due after 1 year
| 2016 €'000 |
2015 €'000 |
||
|---|---|---|---|
| Deferred Income | - | 158 | |
| Other Provisions | 16 | 489 | 672 |
| 489 | 830 |
Deferred income relates to a reverse premium on rental payments on the fourth floor of leasehold premises (note 18). The value of the reverse premium has been spread across the life of the lease. This treatment has resulted in income of €2.0m that will be credited to the Statement of Income and Expenditure on a straight-line basis over the period January 2013 to April 2017.