ALUMINUM CORP OF CHINA LTD | CIK:0001161611 | 3

  • Filed: 4/19/2018
  • Entity registrant name: ALUMINUM CORP OF CHINA LTD (CIK: 0001161611)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1161611/000116161118000020/0001161611-18-000020-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1161611/000116161118000020/ach-20171231.xml
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  • ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory

    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.