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Note 8: Payables

2020

2019

$'000

$'000

Note 8A: Other payables

Wages and salaries

610

282

Superannuation

108

51

Lease straight lining1

-

2,231

Other

135

5

Total other payables

853

2,569

1. The CDPP has applied AASB 16 using the modified retrospective approach and therefore the comparative information has not been restated and continues to be reported under AASB 117.

Accounting Policy

Supplier and other payables

Supplier and other payables are recognised at cost. Liabilities are recognised to the extent that the goods or services have been received. Supplier and other payables are derecognised on payment. Supplier payables are settled within 30 days.