Notes to and forming part of the Financial Statements
Note 9: Payables
| 2006 $ | 2005 $ | |
|---|---|---|
| Trade creditors | 374,726 | 372,215 |
| Operating lease rentals | 0 | 0 |
| Total supplier Payables | 374,726 | 372,215 |
| Supplier payables are represented by: | ||
|
Current |
374,726 | 372,215 |
| Non-current | 0 | 0 |
| Total supplier Payables | 374,726 | 372,215 |
- Settlement is usually made net 30 days
| Other Payables | 10,942 | 11,706 |
| GST Payable to the ATO | 0 | 0 |
| Total other payables | 10,942 | 11,706 |