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Cathay Pacific Airways Limited Interim Report 2013 39
Condensed Financial Statements
Notes to the Accounts
14. Long-term liabilities
30th June 2013 31st December 2012
Current
HK$M
Non-current
HK$M
Current
HK$M
Non-current
HK$M
Long-term loans 4,922 18,605 4,428 20,209
Obligations under finance leases 3,804 30,837 3,729 31,180
8,726 49,442 8,157 51,389
15. Other long-term payables
Other long-term payables include retirement benefit obligations (31st December 2012: as restated) and
the long-term portion of derivative financial liabilities.
16. Trade, other receivables and other assets
30th June 2013
HK$M
31st December 2012
HK$M
Trade debtors 5,884 5,600
Derivative financial assets – current portion 1,221 1,094
Other receivables and prepayments 3,105 3,141
Due from associates and other related companies 32 87
10,242 9,922
30th June 2013
HK$M
31st December 2012
HK$M
Analysis of trade debtors (net of allowance for doubtful debts) by age:
Current 5,820 5,467
One to three months overdue 52 115
More than three months overdue 12 18
5,884 5,600
The Group normally grants a credit term of 30 days to customers or follows the relevant local industry
standard, with debts in certain circumstances being partially secured by bank guarantees or other
monetary collateral.