58 Impact Minerals Ltd Annual Report 2022 Notes to the Consolidated Financial Statements continued NOTE 12: OTHER NON-CURRENT ASSETS Consolidated 2022 $ 2021 $ Deposits paid 273,055 262,555 273,055 262,555 NOTE 13: TRADE AND OTHER PAYABLES Consolidated 2022 $ 2021 $ Trade creditors 432,436 252,485 Other payables and accruals 76,010 47,304 508,446 299,789 These amounts represent liabilities for goods and services provided to the Group prior to the end of the financial year and which are unpaid. Trade creditors are unsecured, non-interest bearing and are normally settled on 30-day terms. The Group’s financial risk management objectives and policies are set out in Note 23. Due to the short-term nature of these payables, their carrying value is assumed to approximate their fair value. NOTE 14: PROVISIONS Consolidated 2022 $ 2021 $ Short-term Employee entitlements 135,306 90,536 135,306 90,536 NOTE 15: CONTRIBUTED EQUITY a) Share capital Consolidated 2022 $ 2021 $ Ordinary shares fully paid 58,426,867 53,787,639
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