Interim Report 2016

Sunny Optical Technology (Group) Company Limited INTERIM REPORT 2016 64 Notes to the Condensed Consolidated Financial Statements 簡明綜合財務報表附註 FOR THE SIX MONTHS ENDED 30 JUNE 2016 截至二零一六年六月三十日止六個月 19. 貿易及其他應付款項（續） 貨品採購的信貸期最多為 180 天（二零一五 年： 180 天）及應付票據的信貸期為 90 天至 180 天（二零一五年： 90 天至 180 天）。本集 團已實施財務風險管理政策，以確保所有應 付款項於信貸期內支付。 附註 1: 該 結 餘 乃 指 收 購 Konica Minolta Optical Products (Shanghai) Co., Ltd. 資產的未支 付現金代價，為無擔保及免息。根據相關協 議，本集團須分五年償還購買代價，最後一 次付款將於二零一八年作出。 附註 2: 上海舜宇恒平科學儀器有限公司、寧波舜宇 光電信息有限公司及舜宇集團有限公司與若 干業務夥伴合作開展高新技術產品的研發項 目。應付科技補助金指代其他業務方收取的 政府補助金。 19.TRADE AND OTHER PAYABLES (Continued) The credit period on purchases of goods is up to 180 days (2015: 180 days) and the credit period for note payables is 90 days to 180 days (2015: 90 days to 180 days). The Group has financial risk management policies in place to ensure that all payables are settled within the credit time frame. Note 1: The balance represents the unpaid cash consideration for the acquisition of assets from Konica Minolta Optical Products (Shanghai) Co., Ltd. which were unsecured and interest free. According to the relevant agreements, the Group is required to settle the purchase consideration in 5 yearly instalments, with the last payment in 2018. Note 2: Shanghai Sunny Hengping Scientific Instrument Co., Ltd., Ningbo Sunny Opotech Co. Ltd. and Sunny Group Limited cooperated with several business partners to perform development and research projects on hi-tech products. The technology grant payables represent the government grants received on behalf of other business parties.