China Communications Services Corporation Limited Annual Report 2015
143
NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2015
33. ACCOUNTS AND BILLS PAYABLE
Accounts and bills payable comprise:
2015
2014
RMB’000
RMB’000
Accounts payable
17,429,304
16,366,810
Bills payable
2,270,081
2,448,758
19,699,385
18,815,568
The ageing analysis of accounts and bills payable based on the invoice date is as follows:
2015
2014
RMB’000
RMB’000
Within 1 year
17,984,560
17,370,714
After 1 year but less than 2 years
1,191,927
994,309
After 2 years but less than 3 years
270,058
237,301
After 3 years
252,840
213,244
19,699,385
18,815,568
Included in accounts and bills payable are amounts due to CTC Group and other related parties of RMB1,777 million (2014:
RMB2,239 million) as at 31 December 2015. The amounts due to CTC Group and an associate of the Group are unsecured,
interest-free and are expected to be settled within one year.
34. ACCRUED EXPENSES AND OTHER PAYABLES
2015
2014
RMB’000
RMB’000
Wages and welfare payable
1,571,302
1,506,835
Amounts due to CTC Group and other related parties (note (i))
792,676
689,210
Advances received
1,578,163
1,128,593
Other taxes payable
806,418
841,579
Special dividend and profit distribution payable to CTC Group (note (ii))
54,029
91,426
Dividend payable
74,016
30,051
Payables for construction and purchase of property, plant and equipment
75,435
95,756
Others (note (iii))
3,739,563
3,041,516
8,691,602
7,424,966
