Appendix 1 - Financial Statements
Note 7: Payables
| 2008 $ | 2007 $ | |
|---|---|---|
| Trade creditors | 208,832 | 162,780 |
| Total supplier payables | 208,832 | 162,780 |
- All supplier payables are current and settlement is usually made net 30 days.
| 2008 $ | 2007 $ | |
|---|---|---|
| Interest from ATO | 147 | - |
| FBT Payable | 7,713 | 7,712 |
| Payable to Department of Health and Ageing | 7,281 | - |
| Total other payables | 15,141 | 7,712 |