10 Trade and Other Payables
In this section...
- Annual Report 2007/08 homepage
- Chief Executive's overview
- Strategic direction 2007/2008
- LINZ's performance 2007/2008
- LINZ information
| Actual 30/6/07 $000 |
Actual 30/6/08 $000 |
|
|---|---|---|
| 1,810 | Creditors payable | 5,847 |
| 181 | ACC levy payable | 227 |
| 581 | GST, FBT and PAYE payable | 129 |
| 10,017 | Accrued expenses | 9,924 |
| 3,675 | Creditor Crown | – |
| 16,264 | Total trade and other payables | 16,126 |
Trade and other payables are non-interest bearing and are normally settled on 30-day terms. Therefore, the carrying value of creditors and other payables approximates their fair value.
