Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Trade and Other Payables

v3.19.3.a.u2
Trade and Other Payables
6 Months Ended
Jul. 31, 2019
Trade and other payables [abstract]  
Trade and Other Payables

11 Trade and Other Payables

 

   

31 July 2019

NZ $000’s

   

31 January 2019

NZ $000’s

 
             
Current            
Trade payables     16,537       23,580  
Accruals     6,673       10,150  
Employee benefits liabilities     1,908       1,815  
      25,118       35,545  

 

Trade and other payables are unsecured, non-interest bearing and are normally due within 30 days however some the trade creditors are out of term as at 31 July 2019 and subsequent to the end of the financial period the company has reduced the out of term trade creditors but further work is required to bring all of the creditors in term. The carrying amounts are considered to be a reasonable approximation of fair value.