Trade and other payables

12 Months Ended

Dec. 31, 2022

22.	Trade and other payables


	31.12.2021		31.12.2022		31.12.2022
	RMB’000		RMB’000		US$’000
Current
Trade payables		3,884,812		4,199,072		604,018
Bills payables (i)		3,085,206		2,356,574		338,983
Other payables		423,787		319,723		45,991
Accrued expenses		167,575		159,735		22,977
Accrued staff costs		689,327		422,045		60,709
Refund liabilities		718,379		222,342		31,983
Dividend payable		29,304		30,205		4,345
Amount due to:
- associates and joint ventures (trade)		176,819		67,556		9,718
- associates and joint ventures (non-trade)		27		22		3
- related parties (trade)		214,980		296,219		42,610
- related parties (non-trade)		1,308		7,289		1,048

Financial liabilities carried at amortized cost (Note 32, Note 35)		9,391,524		8,080,782		1,162,385
Deferred grants (Note 27)		12,482		13,404		1,928
Advance from customers		316		254		37
Other tax payable		39,416		44,968		6,468

Total trade and other payables (current)		9,443,738		8,139,408		1,170,818

(i)

As of December 31, 2022, the bills payables include bills payable to joint ventures, associates and other related parties amounted to RMB 36.3 million (US$ 5.2 million) (2021: RMB 28.4 million), RMB Nil (US$ Nil) (2021: RMB 5.4 million) and RMB 192.6 million (US$ 27.7 million) (2021: RMB 237.6 million) respectively.

(ii)

Terms and conditions of the above financial liabilities:

•

Trade and other payables are non-interest bearing and are normally settled on agreed credit terms ranging from 60 to 90 day terms.

•

For terms and conditions relating to related parties, refer to Note 29.


	31.12.2021		31.12.2022		31.12.2022
	RMB’000		RMB’000		US$’000
Non-current
Other payables (i) (Note 32, Note 35)		188,725		189.366		27,239

(i)

This relates to accrual for bonus, which is non-interest bearing and not expected to be settled within next 12 months.