OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX 14 TRADE AND OTHER PAYABLES (continued) Non-trade amounts due to immediate holding company consist of the followings: (i) Loan of $199.7 million (2022: $Nil), which is unsecured, bears interest at 4.5% (2022: Nil%) per annum and will not be repayable within the next 12 months; and (ii) The remaining amount of $134.1 million (2022: $0.1 million) are unsecured, interest-free and repayable on demand. Non-trade amounts due to subsidiaries consist of the followings: (i) Loan of $252.7 million (2022: $187.0 million), which is unsecured, bears interest at 6.91% to 7.85% (2022: 3.30% – 6.85%) per annum and will not be repayable within the next 12 months; and (ii) The remaining amount of $3.2 million (2022: $1.8 million), which are unsecured, interest-free and repayable on demand. Non-trade amounts due to joint ventures consist of the followings: (i) Loans of $127.2 million (2022: $125.8 million), which are unsecured, interest-free and will not be repayable within the next 12 months; and (ii) The remaining amount of $1.0 million (2022: $1.0 million), which are unsecured, interest-free and repayable on demand. Non-trade amounts due to related corporations consist of the followings: (i) Amount of $38.9 million (2022: $39.5 million), which is unsecured, interest-free and repayable on demand; (ii) Amount of $17.6 million (2022: $17.8 million) relates to the consideration payable for acquisition of additional equity interests in Chengdu Huifeng Commercial Real Estate Co., Ltd which is unsecured, bears interest at 4.30% (2022: 4.60%) per annum and repayable in 2024; and The remaining amount of $8.4 million in the previous year relates mainly to deferred consideration payable for acquisition of additional equity interests in Perennial Tongzhou Holdings Pte. Ltd., which is unsecured and interest-free were fully repaid during the year. In the previous year, non-trade amounts due to affiliated companies were unsecured, bore interest at 5.15% – 6.00% per annum and were repayable on demand. These amounts were fully repaid during the year. Non-trade amounts due to non-controlling interests consist of the followings: (i) Loans of $99.5 million (2022: $87.0 million) which are unsecured, interest-free and repayable on demand, except for an amount of $83.0 million (2022: $79.8 million), which will not be repayable within the next 12 months; and (ii) In the previous year, loan of $27.8 million was unsecured, bore interest at 7.72% per annum and was repayable on demand. These amounts were fully repaid during the year. The Group and the Company’s exposures to liquidity and market risks relating to trade and other payables are disclosed in note 25. Notes to the Financial Statements Year ended 31 December 2023 193 ANNUAL REPORT 2023
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