23. TRADE AND NOTES PAYABLES
|
|
December 31, |
|
December 31, |
|
|
2016 |
|
2017 |
|
|
|
|
|
Trade payables |
|
6,739,761 |
|
7,751,911 |
Notes payable |
|
4,603,109 |
|
4,570,059 |
|
|
|
|
|
|
|
11,342,870 |
|
12,321,970 |
As at December 31, 2017, except for trade and notes payables of the Group amounting to RMB56 million which were denominated in USD (December 31, 2016: RMB22 million in USD), all trade and notes payables were denominated in RMB (December 31, 2016: all denominated in RMB).
The ageing analysis of trade and notes payables is as follows:
|
|
December 31, |
|
December 31, |
|
|
2016 |
|
2017 |
|
|
|
|
|
|
|
|
|
|
Within 1 year |
|
10,777,171 |
|
11,710,641 |
Between 1 and 2 years |
|
276,351 |
|
199,121 |
Between 2 and 3 years |
|
107,137 |
|
201,919 |
Over 3 years |
|
182,211 |
|
210,289 |
|
|
|
|
|
|
|
11,342,870 |
|
12,321,970 |
The trade and notes payables are non-interest-bearing and are normally settled within one year.