Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Accounts Payable

v3.20.1
Accounts Payable
12 Months Ended
Dec. 31, 2019
Accounts Payable  
Accounts payable to suppliers
14. Accounts payable to suppliers

 

Trade payables and accruals principally comprise amounts outstanding for trade purchases and ongoing costs.

 

The average payment period is 4 months, with no interest charged. The Group has financial risk management policies in place to ensure that all payables are paid within the pre-agreed credit terms.