The following table sets out the remaining contractual maturities at the balance sheet date of the Group’s financial liabilities, which are based on the undiscounted cash flows (including interest payments computed using contractual rates or, if floating, based on prevailing rates at the balance sheet date) and the earliest date the Group would be required to repay:
| As of December 31, 2017 | ||||||||||||
| Carrying amount |
Total
undiscounted |
Within 1
year or on |
||||||||||
| Million | Million | Million | ||||||||||
|
Accounts payable |
233,169 | 233,169 | 233,169 | |||||||||
|
Bills payable |
3,303 | 3,303 | 3,303 | |||||||||
|
Accrued expenses and other payables |
190,866 | 190,866 | 190,866 | |||||||||
|
Amount due to ultimate holding company |
8,646 | 8,646 | 8,646 | |||||||||
|
|
|
|
|
|
|
|||||||
| 435,984 | 435,984 | 435,984 | ||||||||||
|
|
|
|
|
|
|
|||||||
| As of December 31, 2016 | ||||||||||||
| Carrying amount |
Total
undiscounted |
Within 1 year or on demand |
||||||||||
| Million | Million | Million | ||||||||||
|
Accounts payable |
250,838 | 250,838 | 250,838 | |||||||||
|
Bills payable |
1,206 | 1,206 | 1,206 | |||||||||
|
Accrued expenses and other payables |
180,950 | 180,950 | 180,950 | |||||||||
|
Amount due to ultimate holding company |
5,563 | 5,563 | 5,563 | |||||||||
|
Interest-bearing borrowings |
4,998 | 5,185 | 5,185 | |||||||||
|
|
|
|
|
|
|
|||||||
| 443,555 | 443,742 | 443,742 | ||||||||||
|
|
|
|
|
|
|
|||||||