Directors' Report - Alibaba

NOTES TO THE FINANCIAL STATEMENTS
For the year ended December 31, 2010
37 FINANCIAL RISK MANAGEMENT (Continued)
(d) Liquidity risk (Continued)
The Group
As of December 31, 2009
Alibaba.com Limited Annual Report 2010
More than 1 year More than 2 years
Carrying within 1 year but not but not
amount or on demand exceeding 2 years exceeding 5 years
RMB’000 RMB’000 RMB’000 RMB’000
Trade payables 23,907 23,907 – –
Amounts due to related companies 20,215 20,215 – –
Other payables and accruals 853,179 785,577 22,534 45,068
Total 897,301 829,699 22,534 45,068
The Company
As of December 31, 2010
Amounts due to subsidiaries 70,843 70,843 – –
Amount due to the ultimate
holding company 2,234 2,234 – –
Other payables and accruals 11,172 11,172 – –
Dividend payable 944,210 944,210 – –
Total 1,028,459 1,028,459 – –
As of December 31, 2009
Amounts due to subsidiaries 49,637 49,637 – –
Amount due to the ultimate
holding company 1,676 1,676 – –
Other payables and accruals 6,007 6,007 – –
Total 57,320 57,320 – –
(e) Capital risk management
The Group manages its capital to ensure its ability to continue as a going concern while maximizing the returns to
shareholders and benefits to other stakeholders. In order to achieve these objectives, the Group will periodically review its
capital structure, with consideration on the macroeconomic conditions, prevailing interest rate and adequacy of cash flows
generating from operations, and adjust it through the payment of dividends, issue of new shares or debts, the repurchase
of shares and redemption of existing debt.
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