03 Financial Statements NOTE 7: PAYABLES AND UNEARNED INCOME

CEFC ANNUAL REPORT / 2014–15

Note 7: Payables and Unearned Income

 

 

2015

$'000

2014

$'000

Note 7A: Suppliers

Trade creditors and accruals

1,617

1,194

Total suppliers

1,617

1,194

Suppliers expected to be settled:

   

No more than 12 months

1,617

1,194

Total suppliers

1,617

1,194

Suppliers in connection with:

   

Related parties

-

5

External parties

1,617

1,189

Total supplier payables

1,617

1,194

 

Settlement of supplier balances was usually made within 30 days.

 

 

2015

$’000

2014

$’000

Note 7B: Unearned Income

 

Unearned establishment and commitment fees income

6,530

4,903

Unearned income expected to be recognised:

   

No more than 12 months

1,400

804

More than 12 months

5,130

4,099

Total unearned income

6,530

4,903

Note 7C: Other Payables

 

Wages and salaries

2,618

2,977

Superannuation

65

50

FBT liability

3

1

Other

318

369

Total other payables

3,004

3,397

Other payables expected to be settled:

   

No more than 12 months

2,778

3,130

More than 12 months

226

267

Total other payables

3,004

3,397