13 Current trade and other payables
$million |
2019 |
Restated* 2018 |
|
---|---|---|---|
Trade payables |
326.7 |
267.7 |
|
Other payables |
11.4 |
9.8 |
|
Goods and services tax payable |
- |
15.7 |
|
Total current trade and other payables |
338.1 |
293.2 |
*The prior period financial information has been restated, as described in Note 2 of the Financial Statements.
Recognition and measurement
Trade and other payables are recognised when Snowy Hydro becomes obliged to make future payments resulting from the purchase of goods and services. Payables are stated at their amortised cost.
Visit
https://www.transparency.gov.au/annual-reports/snowy-hydro-limited/reporting-year/2018-2019-60