Page 98 - JDH Annual report 2011

98
JOHN DANIEL HOLDINGS LIMITED AND ITS SUBSIDIARIES
INTEGRATED ANNUAL REPORT 2011
Notes to the Annual Financial Statements - Continued
Annual Financial Statements for the 15 months ended 30 September 2011
18. Trade and other payables
Group Company
2011 2010 2011 2010
Trade payables 2 998 353 3 202 908 263 188 184 972
Amounts received in advance - 70 500 - -
VAT 159 721 68 433 - 20 579
Payroll liabilities 1 821 518 371 268 1 779 523 371 268
Accrued leave pay 162 653 331 747 19 613 238 674
Accrued bonus 15 800 - - -
Accrued audit fees 315 000 195 000 95 000 65 000
Other accrued expenses 1 188 899 528 542 523 538 198 638
Operating lease payables - 15 661 - -
Deferred revenue 255 549 - - -
Other payables 68 946 720 458 5000 703 280
6 986 439 5 504 517 2 685 862 1 782 411
Accrued liabilities represent contractual liabilities that relate to expenses that were incurred, but not paid at statement
of financial position date.
The book value of trade payables, accrued liabilities and other payables is considered to be in line with their fair value at
the balance sheet date.