ICI » Topics » Payment to suppliers

This excerpt taken from the ICI 6-K filed Mar 21, 2007.
Payment to suppliers
The Company agrees terms and conditions for its business transactions with suppliers. Payment is then made to these terms, subject to the terms and conditions being met by the supplier. Payment terms can differ in the many markets in which ICI trades. Trade creditors of the Company at 31 December 2006 were equivalent to 60 days (2005 62 days) purchases, based on the average daily amount invoiced by suppliers to the Company during this year.

This excerpt taken from the ICI 6-K filed Mar 16, 2005.
Payment to suppliers
The Company agrees terms and conditions for its business transactions with suppliers. Payment is then made to these terms, subject to the terms and conditions being met by the supplier. Payment terms can differ in the many markets in which ICI trades. Trade creditors of the Company at 31 December 2004 were equivalent to 61 days (2003 60 days) purchases, based on the average daily amount invoiced by suppliers to the Company during this year.

EXCERPTS ON THIS PAGE:

6-K
Mar 21, 2007
6-K
Mar 16, 2005
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