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HALF-YEAR REPORT 2016
Notes to the Consolidated Financial Statements
For the six months ended 30 June 2016
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33 Material related party
(continued)
(b) Related party transactions
(continued)
(ii) Outstanding balances with related parties
As at 30 June 2016
Parent
company
Holding
company’s
fellow entities
Associates and
joint ventures
Total
HK$ million HK$ million HK$ million HK$ million
Trade and other receivables
5
3,101
6,260
9,366
Loans and advances (note (2))
–
8,411
4,485
12,896
Placements with banks and
non-bank financial institutions
–
36
167
203
Cash and deposits
–
–
245
245
Derivative financial instruments and
other assets
–
–
275
275
Trade and other payables
3,007
24,368
14,761
42,136
Deposits from customers
446
5,597
16,659
22,702
Deposits from banks and non-bank
financial institutions
–
2
18,419
18,421
Derivative financial instruments and
other liabilities
–
38
1,052
1,090
Guarantees provided (note (3))
–
213
14,518
14,731
As at 31 December 2015
Parent
company
Holding
company’s
fellow entities
Associates and
joint ventures
Total
HK$ million
HK$ million
HK$ million
HK$ million
Trade and other receivables
78
3,627
8,868
12,573
Loans and advances (note (2))
–
8,814
3,187
12,001
Placements with banks and
non-bank financial institutions
–
27
–
27
Cash and deposits
–
–
116
116
Derivative financial instruments and
other assets
–
–
72
72
Trade and other payables
3,251
24,425
1,250
28,926
Deposits from customers
1,938
3,116
26,753
31,807
Deposits from banks and non-bank
financial institutions
–
5
28,161
28,166
Derivative financial instruments and
other liabilities
–
9
771
780
Guarantees provided (note (3))
–
146
15,323
15,469
Notes:
(1)
The above transactions were negotiated and carried out in accordance with the normal commercial terms.
(2)
Interest rates of loans and advances to the related parties were determined at rates negotiated between the Group and
the corresponding related parties on a case by case basis.
(3)
The guarantees provided by the Group to the related parties were based on the terms agreed between the Group and
the related parties on a case by case basis.