14. Payables
2019 $000 | 2018 $000 | |
---|---|---|
Accounts payable | 1,216 | 1,750 |
Accrued expenses | 1,162 | 497 |
Total payables | 2,378 | 2,247 |
Liabilities for accounts payable and other amounts payable are carried at cost, which is the fair value of the consideration to be paid in the future for goods and services received, whether or not billed to the department. Accounts payable are normally settled within 30 days.
ANNUAL REPORT 2018-19 - DEPARTMENT OF PRIMARY INDUSTRY AND RESOURCES
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