Telstra 2007 Annual Report Download - page 171

Telstra Corporation Limited and controlled entities
168
Notes to the Financial Statements (continued)
(a) Trade creditors and other creditors are non int erest bearing
liabilities. We generally process trade creditor payments once they
have reached 30 days from the date of invoice for electronic funds
transfer payments, or 30 days from the end of the month of invoice for
other payments.
17. Trade and other payables
Telstra Group Telstra Entity
As at 30 June As at 30 June
2007 2006 2007 2006
Note $m $m $m $m
Current
Trade creditors (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 884 686 748 534
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,632 1,370 1,330 1,112
Accrued capital expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,142 844 1,100 772
Accrued interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 278 258 278 258
Deferred consideration for capital expenditure . . . . . . . . . . . . . . . . . . . . . . . . . 10 123 --
Other creditors (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261 289 180 192
Amounts owed to controlled entities (other than trade creditors) . . . . . . . . . . . .33 --221 197
4,207 3,570 3,857 3,065
Non current
Deferred consideration for capital expenditure . . . . . . . . . . . . . . . . . . . . . . . . . 134 127 --
Other creditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 70 58 65
195 197 58 65