Finance
Last updated: 8 july, 2009 - 13:05 GMT
9. Creditors
9a. Creditors payment policy
It is the BBC’s policy to comply with the Better Payment Practice Code in relation to the payment of suppliers, provided that the supplier is complying with the relevant terms and conditions of their contract. BBC World Service monitors compliance against the terms of this code. BBC World Service’s creditor days outstanding at 31 March 2009 was 16 (2008: 13).
9b. Amounts falling due within one year
| Group | BBC World Service | ||||
|---|---|---|---|---|---|
| 2009 £m | 2008 £m | 2009 £m | 2008 £m | ||
| Trade creditors | |||||
| Programme creditors | 0.1 | 0.3 | 0.1 | 0.3 | |
| Other trade creditors | 3.3 | 2.8 | 3.3 | 2.8 | |
| 3.4 | 3.1 | 3.4 | 3.1 | ||
| Other creditors | |||||
| Salaries and wages | 4.3 | 4.7 | 4.2 | 4.7 | |
| Fixed asset creditors | 1.0 | 0.9 | 1.0 | 0.9 | |
| Obligations under ?nance leases | 0.4 | 0.4 | 0.4 | 0.4 | |
| Corporation tax | 0.1 | 0.1 | 0.1 | 0.1 | |
| Accruals and deferred income | 2.0 | 1.5 | 2.0 | 1.5 | |
| 7.8 | 7.6 | 7.7 | 7.6 | ||
| Total | 11.2 | 10.7 | 11.1 | 10.7 | |
9c. Amounts falling due after more than one year
| Group | BBC World Service | ||||
|---|---|---|---|---|---|
| 2009 £m | 2008 £m | 2009 £m | 2008 £m | ||
| Other creditors | |||||
| Obligations under finance leases | 0.2 | 0.3 | 0.2 | 0.3 | |
| Total | 0.2 | 0.3 | 0.2 | 0.3 | |
Annual review 2008/09
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