Annual Report 2021

CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 170 Notes to the Consolidated Financial Statements For the year ended 31 December 2021 36. CREDITORS AND ACCRUALS 2021 2020 HK$’million HK$’million Trade creditors (Note (a)) 546 312 Contract liabilities 122 115 Amounts due to fellow subsidiaries (Note (b)) 42 51 Amounts due to associates (Note (b)) 501 364 Other payables and accruals 3,093 3,310 4,304 4,152 Notes: (a) The ageing analysis of the trade creditors, based on invoice date, is as follows: 2021 2020 HK$’million HK$’million 0 - 90 days 473 260 91 - 180 days 25 15 181 - 365 days 4 — Over 365 days 44 37 546 312 (b) The balances are unsecured, interest-free and repayable in accordance with the credit term.