98
Notes to Financial Statements
December 31, 2014
15.Trade Payables
The average credit period on purchase of goods is 45 days (December 31, 2013 : 45 days). Trade payables principally
comprise amounts outstanding for trade purchases and ongoing costs. Significant trade payables of the Group and Co-
operative that are not denominated in functional currency of the respective Group entities are as follows:
December 31,
2014
December 31,
2013
December 31,
2014
December 31,
2013
$’000
$’000
$’000
$’000
Outside parties
543,303
518,016
510,134
489,741
Associates (Note 11)
229
499
229
499
Related parties
46
47
46
47
Subsidiaries (Note 10)
-
-
3,272
3,128
Total
543,578
518,562
513,681
493,415
December 31,
2014
December 31,
2013
$’000
$’000
United States dollar
3,595
7,803
Australian dollar
141
1,094
European euro
128
223
New Zealand dollar
317
-
GROUP
CO-OPERATIVE
GROUP and CO-OPERATIVE
