Telstra 2010 Annual Report Download - page 134
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Telstra Corporation Limited and controlled entities
119
Notes to the Financial Statements (continued)
(a) Trade creditors and other creditors are non interest 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.
15. Trade and other payables
Telstra Group
As at 30 June
2010 2009
Note $m $m
Current
Trade creditors (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 840 811
Accrued expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,586 1,556
Accrued capital expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600 652
Accrued interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 325 305
Deferred consideration for capital expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 90
Other creditors (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 439 320
3,843 3,734
Non current
Deferred consideration for capital expenditure . . . . . . . . . . . . . . . . . . . . . . . . . . . . 185 177
Other creditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 68
248 245