Financial Report 2008 - Leighton Holdings

Notes to the Financial Statements continuedfor the year ended 30 June 200815. TRADE AND OTHER PAYABLESConsolidatedCompanyNote2008$’0002007$’0002008$’0002007$’000Trade creditors and accruals 2,437,431 2,157,689 1,569 1,537Other creditors 143,840 92,686 - -Derivative financial liabilities 60,310 16,434 - -Amounts payable to related parties 35 243,656 238,159 - -Amounts payable to controlled entities 35 - - 434,207 52,7282,885,237 2,504,968 435,776 54,265Trade creditors expected to be settled more than 12 months after reporting date: Group $213,954 (2007: $235,246), Company$434,207 (2007: $52,728).16. CURRENT TAX LIABILITIESIncome tax provision 162,644 177,219 129,978 150,748Income tax payable represents the amounts payable in respect of current and prior periods. The Company’s income taxpayable includes amounts payable on behalf of controlled entities that are part of the tax-consolidated group.Leighton Holdings Limited Financial Report 2008 NOTES TO THE FINANCIAL STATEMENTS 20