Huawei 2015 Annual Report Download - page 90

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88
Corporate bond
On May 19, 2015, Proven Honour Capital Limited, a wholly-owned subsidiary of the Company, issued a corporate
bond with a principal amount of USD1,000 million with ten years maturity at an annual interest rate of 4.125%.
This corporate bond is fully guaranteed by the Company.
On September 17, 2014, Proven Honour Capital Limited issued a corporate bond with a principal amount of
CNY1,600 million with three years maturity at an annual interest rate of 4.55%. This corporate bond is fully
guaranteed by the Company.
25 Trade and bills payable
2015 2014
Note CNY million CNY million
Trade payables
Trade payables due to related parties 31 1,099 857
Trade payables due to third parties 59,918 44,287
61,017 45,14 4
Bills payable
Bank acceptance bills –755
61,017 45,899
26 Other payables
2015 2014
CNY million CNY million
Interest payable 626 662
Advances received 40,116 33,475
Accrued expenses
– Staff related 46,352 29,111
– Suppliers related 18,486 17, 203
Other taxes payable 9,327 7, 478
Purchase of property, plant and equipment 2,209 2,185
Others 16,663 18,194
133,779 108,308