Skip to main content [Access key C]Jump to the top navigation [Access key T]Jump to the local navigation [Access key L]Jump to the search [Access key S]Jump to the sitemap [Access key M]Jump to the homepage [Access key H]
Standard Life plc - Annual Report and Accounts 2007
Home The Group
at a Glance		 Business
Review		 Corporate
Responsibility		 Governance
Information		 Financial
Statements

Creditor payment policy

It is the Group's policy to agree payment terms at the start of business with each supplier and to pay all creditors promptly and in accordance with contractual and other legal obligations. In respect of Group activities, the amounts due to trade creditors at 31 December 2007 represented 14 days purchases (2006: 13 days), based on the average daily amount invoiced by suppliers during the year.