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Vision - Alibaba

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18 PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES<br />

Notes to the Financial Statements<br />

Group<br />

2007 2006<br />

RMB’000 RMB’000<br />

Non-current portion<br />

Loans to employees (Notes 25 and 33(f)) 27,067 —<br />

Current portion<br />

Prepaid advertising and promotion expenses 1,943 13,453<br />

Deposits for purchases of property and equipment 3,857 2,055<br />

Rental and other deposits 5,598 4,150<br />

Prepaid rentals 6,831 3,844<br />

Interest income receivables 20,920 8,331<br />

Advances to staff 1,955 1,568<br />

Others 7,039 2,988<br />

48,143 36,389<br />

Total 75,210 36,389<br />

The fair value of loans to employees was determined using discounted cash fl ows at a market rate of 7.56%,<br />

which was equivalent to the effective interest rate on the loans.<br />

Company<br />

2007 2006<br />

RMB’000 RMB’000<br />

Interest income receivables 7,131 —<br />

Others 706 395<br />

7,837 395<br />

127

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