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, 2014||At December 31, 2013||Change|
|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.