11. Trade & Other Payables
In this section...
- Annual Report 2008/09 homepage
- Chief Executive's overview
- Strategic context 2008/2009
- LINZ's performance 2008/2009
- Financial statements
- LINZ information
- Appendix
| Actual 2008 $000 |
Actual 2009 $000 |
|
|---|---|---|
| 15,339 | Creditors and accrued expenses | 8,448 |
| 227 | ACC levy payable | 258 |
| 129 | GST, FBT and PAYE payable | 530 |
| 15,695 | Total trade and other payables | 9,236 |
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.
