2012 Annual Report - ZTE

ZTE CORPORATIONNotes to Financial Statements(Prepared under Hong Kong Financial Reporting Standards)31 December 201232. TRADE AND BILLS PAYABLESAn aged analysis of the trade and bills payables as at the end of the reporting period, based on the invoicedate, is as follows:GroupCompany2012 2011 2012 2011RMB’000 RMB’000 RMB’000 RMB’000Within 6 months 29,083,388 32,263,588 47,305,924 43,665,7617 to 12 months 177,299 299,452 110,417 217,4091 to 2 years 267,454 87,206 237,015 3,9922 to 3 years 31,811 13,278 4,212 1,101Over 3 years 34,027 28,728 4,087 13,65329,593,979 32,692,252 47,661,655 43,901,916The balances due to subsidiaries, the controlling shareholder, associates and related companies included inthe above are as follows:GroupCompany2012 2011 2012 2011RMB’000 RMB’000 RMB’000 RMB’000Subsidiaries — — 43,041,820 28,663,445The controlling shareholder 65,376 70,404 — —Associates 19,080 154,025 — —Related companies 138,991 88,159 87 79223,447 312,588 43,041,907 28,663,524The balances are unsecured, interest-free and are repayable on demand.The trade payables are non-interest-bearing and are normally settled on 180-day terms.394