Lenovo 2008 Annual Report Download - page 126
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
27 Payables
(a) Ageing analysis of trade payables of the Group at the balance sheet date is as follows:
Group
2008 2007
US$’000 US$’000
0 – 30 days 1,618,188 1,484,771
31 – 60 days 466,068 298,943
61 – 90 days 176,094 178,380
Over 90 days 21,849 15,112
2,282,199 1, 9 7 7, 20 6
Trade payables are denominated in the following currencies:
Group
2008 2007
US$’000 US$’000
Euro 34,120 441,812
Hong Kong dollar 5,631 28,931
Renminbi 571,896 455,488
United States dollar 1,670,541 1,039,852
Other currencies 11 11,123
2,282,199 1, 9 7 7, 20 6
(b) Notes payable of the Group are mainly repayable within three months.
(c) The carrying amounts of trade payables and notes payable approximate their fair value.
Lenovo Group Limited • Annual Report 2007/08
124