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 Board of Directors
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 Report on remuneration and related matters
 Audit Committee
 Statement of directors’ responsibilities

 

 

Reuters Annual Report 1998: Directors’ and committee reports: Report of the directors: Creditor payment terms

Creditor payment terms

It is Reuters normal procedure to agree terms of transactions, including payment terms, with suppliers in advance. Payment terms vary, reflecting local practice throughout the world. It is Reuters policy that payment is made on time, provided suppliers perform in accordance with the agreed terms. Group trade creditors at 31 December 1998 were equivalent to 31 days purchases during the year.

  

 

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