Final Annual Report - Health Workforce Australia

Note 7: Payables

Notes to and forming part of the financial statements for the period 1 July 2014 to 7 October 2014.

Page last updated: 18 May 2015

Notes to and forming part of the financial statements for the period 1 July 2014 to 7 October 2014
2015
$’000
2014
$’000
Note 7A: Suppliers
Trade creditors and accruals
212
1,072
Total supplier payables
212
1,072
Settlement is usually made within 30 days. All supplier payables are expected to be settled within 12 months.
 
Note 7B: Grants
Grants:
Public sector:
State and Territory Governments
-
448
Private sector:
Non-profit organisations
-
779
Other
-
79
Total grants
-
1,306
Settlement is usually made according to the terms and conditions of each grant. This is usually within 30 days of performance or eligibility. All grant payables are expected to be settled with 12 months.
 
Note 7C: Other Payables
Salaries and wages
-
296
Superannuation
-
34
Lease Incentive
-
134
Total other payables
-
464
Total other payables are expected to be settled in:
No more than 12 months
-
464
More than 12 months
-
-
Total other payables
-
464