2016 — Page 126

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

22

CASH AND BANK BALANCES (Continued)

(c)

Disposal of subsidiaries (Continued)

(iii)

Analysis of net cash inflow in respect of the disposal of subsidiaries:

Cash consideration received

Cash disposed of

23

TRADE AND OTHER PAYABLES

2016

HK$'000

4,587

(2,278)

2,309

All of the trade and other payables except for an amount of HK$11,453,000 (2015: HK$12,492,000) are expected to be settled or recognised as income within one year. Included in the trade and other payables are amounts due to related companies of HK$109,201,000 (2015: HK$178,573,000) which are unsecured, interest-free and repayable within 30 – 45 days or have no fixed terms of repayment.

Included in trade and other payables are trade payables with the following ageing analysis based on due date at the end of the reporting period:

Due within 1 month or on demand

Due after 1 month but within 3 months

Due after 3 months but within 12 months

More than 12 months

Hong Kong Ferry (Holdings) Company Limited 124 Annual Report 2016

2016

HK$'000

2015

HK$'000

125,562

205,403

1,341

1,053

7

9

9

126,912

206,472