Annual Report 2021

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2021 115 The United Laboratories International Holdings Limited Annual Report 2021 25. TRADE AND OTHER PAYABLES The Group normally receives credit terms of up to 120 days and 180 days for trade payables and trade payables under supplier finance arrangement, respectively, from its suppliers. The following is an analysis of the trade payables and trade payables under supplier finance arrangement by age, presented based on the invoice date or bills issuance date at the end of the reporting period: 2021 2020 RMB’000 RMB’000 Trade payables 0 to 90 days 964,555 899,089 91 to 180 days 63,668 125,460 Over 180 days 43,744 21,865 1,071,967 1,046,414 Trade payables under supplier finance arrangement (Note) 0 to 90 days 1,377,132 583,980 91 to 180 days 761,576 507,538 Over 180 days – 139,563 2,138,708 1,231,081 Other payables and accruals 402,368 419,372 Other tax payable 141,766 109,176 Accrual of freight expense 65,019 44,803 Accrual of salary, staff welfare and unclaimed annual leave 146,845 144,000 Accrual of water, electricity fee & steam 318,915 241,974 Deferred income in respect of government grants (Note 33) 111,397 122,607 Payables in respect of the acquisition of property, plant and equipment 357,942 398,639 4,754,927 3,758,066 Less: Amount due within one year shown under current liabilities (4,699,608) (3,692,715) Amount shown under non-current liabilities 55,319 65,351