164 | CapitaLand Limited Annual Report 2014
Appendix
Notes to the Financial Statements
Year ended 31 December 2014
17 TRADE AND OTHER PAYABLES
The Group
The Company
Note
2014
$’000
2013
$’000
2014
$’000
2013
$’000
Restated
Trade payables
207,344
149,637
1,240
1,680
Accruals
(a)
729,131
693,185
34,949
30,249
Accrued development expenditure
748,376
496,814
–
–
Progress billings
386,217
432,255
–
–
Other payables
(b)
281,492
309,298
1,325
1,028
Rental and other deposits
96,626
86,636
3
3
Derivative liabilities
12,129
17,752
–
–
Liability for employee benemts
22
31,748
36,092
11,476
12,912
Amounts due to
- subsidiaries
18
–
–
4,952
1,314,621
- associates
7(b)
346,527
568,110
–
–
- joint ventures
8(b)
163,287
25,736
–
–
Non-controlling interests (unsecured)
- interest free
17,990
4,374
–
–
- interest bearing
49,007
69,480
–
–
3,069,874
2,889,369
53,945
1,360,493
(a) Accruals included accrued interest payable, accrued expenditure for property, plant and equipment purchases
and accrued administrative expenses.
(b) Other payables included retention sums and amounts payable in connection with capital expenditure incurred.
18 AMOUNTS DUE FROM/(TO) SUBSIDIARIES
The Company
Note
2014
$’000
2013
$’000
Current
Amounts due from subsidiaries
- current accounts, mainly trade
33,525
21,139
- current loans
- interest free
265,314
1,107,444
- interest bearing
77,352
–
342,666
1,107,444
Less Allowance for doubtful receivables
(35,526)
(29,119)
307,140
1,078,325
12
340,665
1,099,464
Amounts due to subsidiaries
- current loans and interest free
17
(4,952) (1,314,621)
