Trade and other payables

12 Months Ended

Dec. 31, 2020


	31.12.2019		31.12.2020		31.12.2020
	RMB’000		RMB’000		US$’000

Current
Trade payables		2,953,479		3,406,398		526,385
Bills payables (i)		2,764,013		3,348,163		517,386
Other payables		543,970		533,705		82,473
Accrued expenses		203,133		233,053		36,013
Accrued staff costs		653,854		714,701		110,442
Refund liabilities		757,655		1,031,562		159,406
Dividend payable		47,480		49,468		7,644
Amount due to:
- associates and joint ventures (trade)		258,964		467,351		72,219
- associates and joint ventures (non-trade)		81		205		32
- related parties (trade)		221,413		238,622		36,874
- related parties (non-trade)		4,016		1,841		284

Financial liabilities carried at amortized cost (Note 31, Note 3 4 )		8,408,058		10,025,069		1,549,158

Deferred grants (Note 2 7 )		19,952		23,468		3,626
Advance from customers		383		320		50
Other tax payable		39,698		62,111		9,598

Total trade and other payables (current)		8,468,091		10,110,968		1,562,432

(i)

As of December 31, 2020, the bills payables include bills payable to joint ventures, associates and other related parties amounted to

RMB 105.6 million (US$16.3 million)

(2019: RMB 125.0 million),

RMB 12.9 million (US$2.0 million)

(2019: RMB 10.1 million) and

RMB 249.0 million (US$38.5 million)

(

2019: RMB 232.6 million) respectivel

(i)

This relates to accrual for bonus that is not expected to be settled within next 12 months.

Terms and conditions of the above financial liabilities:

•

Trade payables are

non-interest

bearing and are normally settled on

60-day

terms.

•

Other payables (current) are

non-interest

bearing and have an average term of three months.

•

For terms and conditions relating to related parties, refer to Note 2