CSE Global Limited - Annual Report 2023

180 CSE GLOBAL LIMITED NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2023 13. TRADE PAYABLES AND ACCRUALS Group Company 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Current: Trade payables 69,533 59,289 2,009 417 Accruals 52,940 40,102 2,928 1,653 GST payables 4,539 3,220 48 − 127,012 102,611 4,985 2,070 Non-current: Other liabilities 2,372 2,532 − − Total trade payables and accruals 129,384 105,143 4,985 2,070 Add: Amounts due to subsidiaries (Note 5) − − 72,983 44,436 Lease liabilities (Note 27) 27,775 21,675 1,720 2,385 Loans and borrowings (Note 14) 115,427 106,415 112,291 100,374 Less: GST payables (4,539) (3,220) (48) − Total financial liabilities carried at amortised cost 268,047 230,013 191,931 149,265 Trade payables and accruals are non-interest bearing and are normally settled on 60-day terms (2022: 60-day terms). Trade payables and accruals denominated in foreign currencies other than functional currencies of respective entities at 31 December are as follows: Group Company 2023 2022 2023 2022 $’000 $’000 $’000 $’000 United States Dollars 6,424 5,942 1 317 British Pounds Sterlings 354 634 4 2 Australian Dollars 3 3 3 3 Euro 2,420 474 13 − Singapore Dollars 29 20 − −

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