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TORRES STRAIT REGIONAL AUTHORITY

Notes to and forming part of the financial statements for the period ended 30 June 2014

Note 8: Payables

2014
$'000
2013
$'000
Note 8A: Suppliers
Trade creditors and accruals 4,247 5,491
Total suppliers 4,247 5,491
Suppliers expected to be settled
    No more than 12 months 4,247 5,491
Total suppliers 4,247 5,491
Suppliers in connection with
    External parties 4,247 5,491
Total suppliers 4,247 5,491

Settlement was usually made within 30 days.

Note 8B: Grants
Public sector:
    State and Territory Governments - 900
    Local Governments 196 714
Private sector:
    Non-profit organisations 92 214
Total grants 288 1,828
Grants expected to be settled
    No more than 12 months 288 1,828
Total grant 288 1,828
Note 8C: Other Payables
Wages and salaries 343 340
Superannuation 48 38
Total other payables 391 378
Other payables expected to be settled
    No more than 12 months 391 378
Total other payables 391 378