Finance
Last updated:Ìý8 july, 2009 - 13:05 GMT
9. Creditors
9a. Creditors payment policy
It is the ³ÉÈË¿ìÊÖ’s policy to comply with the Better Payment Practice Code in relation to the payment of suppliers, provided that the supplier is complying with the relevant terms and conditions of their contract. ³ÉÈË¿ìÊÖ World Service monitors compliance against the terms of this code. ³ÉÈË¿ìÊÖ World Service’s creditor days outstanding at 31 March 2009 was 16 (2008: 13).
9b. Amounts falling due within one year
| Group | Ìý | ³ÉÈË¿ìÊÖ World Service | |||
|---|---|---|---|---|---|
|
2009 £³¾ |
2008 £³¾ |
Ìý |
2009 £³¾ |
2008 £³¾ |
|
| Trade creditors | |||||
| Programme creditors | 0.1 | 0.3 | Ìý | 0.1 | 0.3 |
| Other trade creditors | 3.3 | 2.8 | Ìý | 3.3 | 2.8 |
| 3.4 | 3.1 | Ìý | 3.4 | 3.1 | |
| Other creditors | |||||
| Salaries and wages | 4.3 | 4.7 | Ìý | 4.2 | 4.7 |
| Fixed asset creditors | 1.0 | 0.9 | Ìý | 1.0 | 0.9 |
| Obligations under ?nance leases | 0.4 | 0.4 | Ìý | 0.4 | 0.4 |
| Corporation tax | 0.1 | 0.1 | Ìý | 0.1 | 0.1 |
| Accruals and deferred income | 2.0 | 1.5 | Ìý | 2.0 | 1.5 |
| 7.8 | 7.6 | Ìý | 7.7 | 7.6 | |
| Total | 11.2 | 10.7 | Ìý | 11.1 | 10.7 |
9c. Amounts falling due after more than one year
| Group | Ìý | ³ÉÈË¿ìÊÖ World Service | |||
|---|---|---|---|---|---|
|
2009 £³¾ |
2008 £³¾ |
Ìý |
2009 £³¾ |
2008 £³¾ |
|
| Other creditors | |||||
| Obligations under finance leases | 0.2 | 0.3 | Ìý | 0.2 | 0.3 |
| Total | 0.2 | 0.3 | Ìý | 0.2 | 0.3 |
Annual review 2008/09
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