Cordlife Group Limited
Annual Report 2016
95
Notes to
The Financial Statements
for the financial year ended 30 June 2016
22. Short term investments
Group
Company
2016
2015
2016
2015
$’000
$’000
$’000
$’000
Held for trading
Unquoted debt investments
14,970
1,234
–
–
The Group’s unquoted debt investments comprise investments in money market funds.
23. Inventories
Group
Company
2016
2015
2016
2015
$’000
$’000
$’000
$’000
Consumables, at cost
1,057
851
429
347
Inventories recognised as an expense in cost of sales amount to $4,680,000 (2015: $4,767,000).
24. Amounts owing by/(to) subsidiaries
Amounts owing by/(to) subsidiaries are non-trade related, unsecured, interest-free and are repayable on
demand.
25. Trade and other payables
Group
Company
2016
2015
2016
2015
$’000
$’000
$’000
$’000
Current
Trade payables
3,862
2,856
600
1,728
Other payables
5,136
3,130
2,135
1,259
Accrued expenses
3,319
2,031
2,171
1,222
Accrued interest payable
546
999
546
999
Accrual for salaries and bonuses
658
2,581
270
1,819
13,521
11,597
5,722
7,027
Non-current
Other payables
86
1,306
–
1,306
Current trade and other payables are non-interest bearing and are generally settled in cash on 30 days terms.
Non-current other payables are non-interest bearing and are not expected to be settled within the next 12
months.
