Annual Report 2025 205 17 Trade and Other Payables CapitaLand Ascott REIT Group CapitaLand Ascott BT Group Stapled Group 2025 $’000 2024 $’000 2025 $’000 2024 $’000 2025 $’000 2024 $’000 Trade payables and accrued operating expenses 92,274 94,236 22,347 19,590 114,621 113,826 Amounts due to associate (non-trade) 1,851 1,904 – – 1,851 1,904 Amounts due to related parties: - trade 18,590 18,714 7,879 4,199 18,799 19,205 - non-trade 2,521 4,972 93,337 96,666 1,812 4,213 - loan (interest-bearing) 4,007 3,683 – 1,368 4,007 3,683 Amounts due to the REIT Manager 3,823 6,018 – – 3,823 6,018 Amounts due to the BT Trustee-Manager – – 173 208 173 208 Amounts due to the REIT Trustee 280 267 – – 280 267 Amounts due to non-controlling interests (non-trade) 366 514 – – 366 514 Loans due to CapitaLand Ascott REIT Group – – 130,147 128,014 – – Interest payable 18,651 17,966 478 562 19,129 18,528 Deposits received for divestment of subsidiaries – 23,700 – – – 23,700 Rental deposits and advance rental 27,868 34,426 7,302 6,075 35,170 40,501 Trade and other payables (current) 170,231 206,400 261,663 256,682 200,031 232,567 Amounts due to related parties: - milestone payment for acquisition of investment property 63,297 62,670 – – 63,297 62,670 Other payables – – 155 137 155 137 Rental deposits – – 7,147 7,378 7,147 7,378 Trade and other payables (non-current) 63,297 62,670 7,302 7,515 70,599 70,185 The non-trade amounts due to associate and related parties mainly pertain to payments made on behalf by these entities. These amounts and loans due to the CapitaLand Ascott REIT Group are unsecured, interest-free and repayable on demand. The effective interest rate for the interest-bearing loan to related parties in the CapitaLand Ascott REIT Group, the CapitaLand Ascott BT Group and the Stapled Group are 2.22% (2024: 2.14%), Nil% (2024: 5.19%) and 2.22% (2024: 2.14%) per annum respectively. The interest-bearing loan to related parties at the CapitaLand Ascott BT Group was repaid during the year. The non-trade amounts due to non-controlling interests mainly pertain to interest-bearing loans extended to the Stapled Group with an effective interest rate of 6.15% (2024: 7.20%) per annum.
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