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Cathay Pacific Airways Limited Interim Report 2013 41
Condensed Financial Statements
Notes to the Accounts
19. Trade and other payables
30th June 2013
HK$M
31st December 2012
HK$M
Trade creditors 7,700 7,357
Derivative financial liabilities – current portion 813 1,087
Other payables 9,072 8,716
Due to associates 134 56
Due to other related companies 188 254
17,907 17,470
30th June 2013
HK$M
31st December 2012
HK$M
Analysis of trade creditors by age:
Current 7,413 7,039
One to three months overdue 271 298
More than three months overdue 16 20
7,700 7,357
The Group’s general payment terms are one to two months from the invoice date.
20. Share capital
During the period under review, the Group did not purchase, sell or redeem any of its shares. At 30th
June 2013, 3,933,844,572 shares were in issue (31st December 2012: 3,933,844,572 shares).
21. Related party transactions
Material transactions between the Group and associates and other related parties which were carried
out in the normal course of business on commercial terms are summarised below:
Six months ended
30th June 2013
Six months ended
30th June 2012
Associates
HK$M
Other related
parties
HK$M
Associates
HK$M
Other related
parties
HK$M
Turnover 99 6 123 9
Aircraft maintenance costs 63 1,280 2 1,206
Operating costs 218 103 309 87
Dividend income 243 – 400 –
Sale of fixed assets 206 – – –
Other related parties are companies under control of a company which has a significant influence on
the Group.