Annual Report 2023

171 ANNUAL REPORT 2023 34. CREDITORS AND ACCRUALS 2023 2022 HK$’million HK$’million Trade creditors (Note (a)) 359 475 Contract liabilities 100 91 Amounts due to fellow subsidiaries (Note (b)) 53 50 Amounts due to immediate holding company (Note (b)) 4 — Amounts due to associates (Note (b)) 357 280 Amounts due to joint ventures (Note (b)) — 2 Amounts due to related parties (Note (b)) 5 — Other payables and accruals 2,521 2,616 3,399 3,514 Notes: (a) The ageing analysis of the trade creditors, based on invoice date, is as follows: 2023 2022 HK$’million HK$’million 0 - 90 days 342 419 91 - 180 days 7 18 181 - 365 days 4 7 Over 365 days 6 31 359 475 (b) The balances are unsecured, interest-free and repayable in accordance with the credit term.