Accounts Receivable

12 Months Ended

Dec. 31, 2020

Text block [abstract]

Accounts Receivable

27 ACCOUNTS RECEIVABLE

(a) Aging analysis

Aging analysis of accounts receivable, net of loss allowance is as follows:

	As of		As of
	December 31, 2020 Million		December 31, 2019 Million
Within 30 days		14,917		14,353
31 - 60 days		4,132		3,789
61 - 90 days		3,255		3,035
91 days - 1 year		13,076		9,575
Over 1 year		3,021		1,942
		38,401		32,694

Accounts receivable primarily comprise receivables from customers and telecommunications operators. Customers with balances that are overdue or have exceeded credit limits are required to settle all outstanding balances before any further telecommunications services can be provided. The increase of accounts receivable is mainly due to the increase in revenue from corporate markets. Customers from corporate markets normally enjoy longer credit term and have better creditability.

(b) Expected credit impairment loss allowance of accounts receivable

The following table summarizes the changes in expected credit impairment loss allowance of accounts receivable:

	2020			2019
	Million			Million
As of January 1		9,557			7,269
Additions		5,105			5,833
Written-off		(3,072	)		(3,545	)
As of December 31		11,590			9,557