CITIC Limited Half-Year Report 2020

66 CITIC Limited Half-Year Report 2020 For the six months ended 30 June 2020 Notes to the Consolidated Financial Statements 16 Derivative financial instruments (continued) (a) Nominal amount analysed by remaining maturity 30 June 2020 31 December 2019 HK$ million HK$ million Within 3 months 2,465,338 1,963,590 Between 3 months and 1 year 2,039,619 1,958,974 Between 1 year and 5 years 1,132,903 1,011,931 Over 5 years 33,165 20,632 5,671,025 4,955,127 The remaining term to maturity of derivatives does not represent the Group’s intended holding period. (b) Credit risk weighted amounts The credit risk weighted amounts are solely in connection with the derivatives held by CITIC Bank, and have been computed in accordance with “Regulation Governing Capital of Commercial Banks (provisional)” promulgated by the China Banking and Insurance Regulatory Commission in the year of 2012, and depends on the status of the counterparties and the maturity characteristics of the instruments including those customer-driven back-to-back transactions. As at 30 June 2020, the credit risk weighted amount for counterparty was HK$27,959 million (31 December 2019: HK$16,333 million). 17 Trade and other receivables 30 June 2020 31 December 2019 HK$ million HK$ million Account and bills receivables 51,661 51,393 Advanced payments and settlement accounts 38,482 39,290 Prepayments, deposits and other receivables 76,440 83,207 166,583 173,890 Less: allowance for impairment losses (6,506) (6,463) 160,077 167,427 As at 30 June 2020, the amount of the Group’s prepayments, deposits and other receivables expected to be recovered or recognised as expense after more than one year is HK$6,778 million (31 December 2019: HK$7,382 million). The remaining trade and other receivables are expected to be recovered or recognised as expense within one year.