GAMMA TELECOM LTD

Gamma's standard payment terms are 30 days from the date of invoice. To ensure these payment terms are met to the best of our ability, on each payment cycle Gamma pays supplier invoices which fall due before the next scheduled supplier payment cycle. Therefore, if a supplier invoice is due the day before the next scheduled payment, this invoice will be pulled onto an earlier payment cycle.

Gamma currently has a few suppliers who are paid under netting agreements. The terms of these agreements are that payment can only be processed once the netting is agreed by both Gamma and the supplier. This can result in payments being made outside the standard 30-day period, but will be noted in the reporting as within terms.

Under Gamma's dispute policy, the disputed value of an invoice is withheld until the dispute is resolved. This can influence the reported average payment days.

Disputes are raised with the supplier directly at the earliest opportunity. Any valid charges on an invoice are paid, with the disputed amounts being held back until a credit is received or the dispute has been resolved.