Annual Report 2011 - Goodbaby International Holdings Limited
Annual Report 2011 - Goodbaby International Holdings Limited
Annual Report 2011 - Goodbaby International Holdings Limited
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NOTES TO FINANCIAL STATEMENTS<br />
31 December <strong>2011</strong><br />
25.TRADE AND NOTES PAYABLES<br />
An aged analysis of the trade and notes payables as at the end of the reporting period, based on<br />
the invoice date, is as follows:<br />
gb international<br />
Group<br />
<strong>2011</strong> 2010<br />
(HK$’000) (HK$’000)<br />
Within 3 months 719,854 594,236<br />
3 to 12 months 130,188 87,069<br />
1 to 2 years 4,277 2,174<br />
2 to 3 years 1,930 872<br />
Over 3 years 1,053 829<br />
857,302 685,180<br />
The trade and notes payables are non-interest-bearing and normally settled on terms of 60 to 90<br />
days. The carrying amounts of the trade and notes payables approximate to their fair values due<br />
to their short term maturity.<br />
26.OTHER PAYABLES, ADVANCES FROM CUSTOMERS AND<br />
ACCRUALS<br />
Group Company<br />
<strong>2011</strong> 2010 <strong>2011</strong> 2010<br />
(HK$’000) (HK$’000) (HK$’000) (HK$’000)<br />
Other payables 49,102 75,613 15,688 23,497<br />
Advances from customers 62,513 49,965 – –<br />
Accruals 125,116 140,346 223 –<br />
236,731 265,924 15,911 23,497<br />
The above balances are non-interest-bearing and repayable on demand. The carrying amounts of<br />
other payables approximate to their fair values due to their short term maturity.
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