Huawei 2015 Annual Report Download - page 87

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85
22 Other assets
2015 2014
Note CNY million CNY million
Advance payments to suppliers 3,384 1,932
Prepayment for acquisition of long-term leasehold land –30
Tax related assets 10,638 7,117
Pledged deposits 1,898 2,530
Proceeds receivable from disposal of associates –24
Other receivables due from third parties 10,497 12,509
Other receivables due from related parties 31 401 3,276
Dividend receivables 2–
Other long-term deferred assets 548 412
27,368 27, 830
Non-current portion 5,553 2,917
Current portion 21,815 24,913
27,368 27, 830
23 Cash and cash equivalents
2015 2014
CNY million CNY million
Cash in hand 10 13
Deposits with banks and other financial institutions 72,442 55,802
Highly liquid short-term investments 38,109 22,233
110,561 78,048
As at December 31, 2015, the Group had short-term investments of CNY38,109 million (2014: CNY22,233 million).
These short-term investments were highly liquid, readily convertible into known amounts of cash and were subject
to an insignificant risk of changes in value, including wealth management products purchased from commercial
banks with maturities of less than three months or with maturities of less than one year which can be redeemed
at any time without any interest penalty, and money market funds that comprise investments in short-term debt
securities which have constant net asset values.
As at December 31, 2015, cash and cash equivalents of CNY653 million (2014: CNY1,010 million) were held in
countries where exchange controls or other legal restrictions are applicable.