34  Annual Report 11  Creditors and other payables 2009 2008 a  ctual a  ctual $ $ Creditors 177,562 237,101 Income in advance 18,234 9,743 Accrued expenses 43,699 49,414 Total creditors and other payables 239,495 296,258 Creditors and payables are non-interest bearing and are normally settled on 30 day terms, therefore the carrying value of creditors and other payables approximates their fair values. 12  Employee entitlements 2009 2008 a  ctual a  ctual $ $ Current employee entitlements are represented by: Accrued salaries and wages 48,420 68,293 Annual leave 69,150 67,468 Sick leave 9,130 7,285 Total employee entitlements 126,700 143,046