29 | Trade and other payables |
As at 31 December | ||||||||
2016 | 2017 | |||||||
RMB000 | RMB000 | |||||||
Trade payables |
2,123,904 | 1,908,457 | ||||||
Bills payable |
5,000 | | ||||||
Amounts due to related parties |
3,044,304 | 3,731,687 | ||||||
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|
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5,173,208 | 5,640,144 | |||||||
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Staff salaries and welfares payable |
37,634 | 123,959 | ||||||
Taxes payable (exclude income tax payable) |
1,538,062 | 2,655,291 | ||||||
Interest payable |
465 | 864 | ||||||
Dividends payable |
20,473 | 23,686 | ||||||
Construction payable |
191,043 | 425,891 | ||||||
Other liabilities |
351,701 | 339,126 | ||||||
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2,139,378 | 3,568,817 | |||||||
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7,312,586 | 9,208,961 | |||||||
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As at 31 December 2017 and 2016, all trade and other payables of the Group were non-interest bearing, and their fair value approximated their carrying amounts due to their short maturities.
As at 31 December 2017, amounts due to related parties included the advances from the related parties of RMB 6,407 thousands (31 December 2016: RMB 13,814 thousands).
As at 31 December 2017, the ageing analysis of the trade payables (including bills payable and amounts due to related parties with trading nature) based on invoice date was as follows:
As at 31 December | ||||||||
2016 | 2017 | |||||||
RMB000 | RMB000 | |||||||
Within one year |
5,151,868 | 5,568,507 | ||||||
Between one and two years |
7,373 | 58,016 | ||||||
Over two years |
13,967 | 13,621 | ||||||
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5,173,208 | 5,640,144 | |||||||
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