23. Trade payables

At December 31, 2014, trade payables totaled €269,728 thousand, representing a net increase of € 253,161 thousand over December 31, 2013, and consisted of the following:

(€ thousand)At December 31, 2014At December 31, 2013Change
Trade payables to third parties 7,461 14,513 (7,052)
Trade payables to other related parties 4,080 1,124 2,956
Intercompany trade payables 258,187 930 257,257
Total trade payables 269,728 16,567 253,161

Trade payables include payables for goods and services.

Trade payables are due within one year and their carrying amount at the reporting date is deemed to approximate their fair value.