Note 32 Payables

  2013
$’000
2012
$’000
Current Payables    
Trade Payablesa 17,351 11,280
Other Payables 19 62
Accrued Expenses 70,403 68,203
GST Payable 415
Total Current Payables 87,773 79,960
Total Payables 87,773 79,960

 

a) The increase in current Trade Payables for 2012‑13 is due to receipt of invoices for capital works to be paid to Shared Services Procurement late in June 2013.

 

  2013
$’000
2012
$’000
Payables are aged as follows:    
Not Overdue 78,388 79,404
Overdue for Less than 30 Daysb 8,926 482
Overdue for 30 to 60 Daysc 435 45
Overdue for More than 60 Daysc 24 29
Total Payables 87,773 79,960
     
Classification of ACT Government/Non-ACT Government Payables    
Payables with ACT Government Entities    
Trade Payables 9,449 3,966
Accrued Expenses 34,760 39,541
Total Payables with ACT Government Entities 44,209 43,507
     
Payables with Non-ACT Government Entities    
Trade Payables 7,902 7,714
Other Payables 19 62
Accrued Expenses 35,643 28,677
Total Payables with Non-ACT Government Entities 43,564 36,453
Total Payables 87,773 79,960

 

a) This mainly relates to Shared Services Procurement invoices for progress payment of capital works. These payments were delayed to ensure adequate cash availability for non-ACT Government suppliers.

b) The delay is mainly due to disputed invoices.