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

Trade and Other Payables

v3.20.2
Trade and Other Payables
6 Months Ended
Jul. 31, 2020
Trade and other payables [abstract]  
Trade and Other Payables
11 Trade and Other Payables

 

   

31 July 2020

NZ $000’s

   

31 January 2020

NZ $000’s

 
Current:            
Trade payables     7,842       10,407  
Accruals     5,007       8,593  
Employee benefit liabilities     4,326       3,430  
      17,175       22,430  

 

Trade and other payables are unsecured, non-interest bearing and are normally due within 30 days however some trade creditors are out of term as at 31 July 2020 and subsequent to the end of the financial period the Group 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.