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TRADE PAYABLES

12 Months Ended

Dec. 31, 2021

TRADE PAYABLES

TRADE PAYABLES

18.        TRADE PAYABLES

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​	​	​	​	​
​	​	As of December 31,
​		2021		2020
​	​	RMB’000	​	RMB’000
Trade payables*		6,290		6,750

​

Trade payables are denominated in Renminbi, non-interest bearing and generally settled within 120-day terms. All of the trade payables are expected to be settled within one year. The carrying value of trade payables is considered to be a reasonable approximation of fair value.

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*Refer to note 25 on trade payables due by the Company to a related party.

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- References

No definition available.

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- Definition

The disclosure of trade and other payables. [Refer: Trade and other payables]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2021-01-01
-Paragraph 10
-Subparagraph e
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard
-URIDate 2021-03-24

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